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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

Let boardrooms look beyond shareholder returns to drive productivity, report urges

Tony's Chocolonely bars in  a variety of flavours
The Demos idea is backed by a coalition of more than 2,000 businesses including Tony’s Chocolonely. Photograph: Josh Bergeron/Stockimo/Alamy

Britain’s economy could receive a £149bn boost from a change to UK business laws that would ensure companies put social, economic and environmental benefits at the heart of their decision-making, according to a report.

With the UK on course for the second lowest growth rate in the G7 group of leading economies in 2023, the study by the thinktank Demos said it was clear that cutting taxes or raising public spending had not been effective at driving economic growth.

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