Last year, I wrote about the lack of a Lib Dem vision for economic growth here.
Since then, we have started to sketch out some ideas. Last month, in a speech encouragingly entitled “Get Britain Growing Again” Daisy Cooper, our Treasury Spokesperson, announced a new policy to establish a Department for Growth that would seek to de-fang the “anti-growth” Treasury. While this headline (and a move to Birmingham) got most of the attention, Daisy also clearly stated that “Getting Britain Growing Again must be any government’s number one goal”.
I agree with this and, in my earlier article, I rather unabashedly declared that “fixing the UK’s growth problem underpins EVERYTHING”. Without growth, we cannot fix the issues we campaign on and care about, whether that is adult social care, SEND, the NHS, defence and inequality. Many commentators on LDV disagreed with my point at the time, but it seems Daisy, at least, agrees.
The policy announcement on reforms to the Treasury were a welcome acknowledgement that the UK has a wildly over-powered and centralised department that focuses, above all else, on short term spending control and arbitrary targets. Reforming the Treasury will be difficult. If we are to succeed, then I think local authorities and mayoralties need to be set free. We need meaningful fiscal devolution to allow local government to invest and build infrastructure – a tram for Leeds anyone?
While a welcome announcement, I feel that we need to go further to have a meaningful and eye catching vision for growth for the UK. I am hopeful that the Thriving Economy working group can help build out such a vision. They have published a consultation paper ahead of Spring Conference and are due to host a session on their paper on Friday.
Crucially, a meaningful vision for growth has the power to really set the Liberal Democrat message apart. Right now, the electorate has a choice of a lacklustre government that, notwithstanding their intermittent references to growth being their “number one mission”, they just appear to be a continuation of the incompetence of the previous Conservative administration. Reform are a grab bag of scape-goating, wild promises of tax cuts with a dose of quasi-Thatcherism. The resurgent Greens appear to be re-inventing themselves as Momentum style left populists.
We can offer an alternative. D66, our Dutch sister party, recently showed the way. D66 was comfortable defending democratic institutions and norms, while also being socially progressive and, crucially, committing to an abundance agenda focused on housing and getting things built.
Importantly, D66 embraced the vibe of a party willing to end stagnation and expand supply rather than simply manage scarcity. This was capped by an eye-catching call to build 10 new cities.
It is with this in mind that several Lib Dem colleagues and I have formed a new group within the Liberal Democrats: Lib Dems for Growth. We will be at Spring Conference, so if you are there and are interested, please drop by our stall. There is a bit more about us below:
Lib Dems for Growth exists within the Liberal Democrats to support and promote a pro-growth vision for the Party.
Lib Dems for Growth seeks to positively influence the Party’s politics, policy and culture towards an agenda that is supportive of economic growth, housing, energy, development and infrastructure.
Specifically, we will:
Advocate for significantly higher housing delivery, including social, affordable and market housing, with reforms to planning that prioritise outcomes over process.
Support major public and private infrastructure investment (transport, water, digital and public services) as essential to economic growth, regional equality and quality of life. Advocate for meaningful devolution to mayors and local authorities to raise finance and invest in local infrastructure.
Champion clean energy and lower energy costs, based on nuclear and grid expansion, recognising that net zero and energy security require faster approval and construction of projects.
Challenge NIMBYism where it conflicts with liberal values, while promoting high-quality design, community benefit and local consent mechanisms.
Develop policy proposals that balance environmental protection, local democracy and national need — moving the party from opposition to delivery-ready government.
The group is explicitly pro-growth, pro-building and pro-future, arguing that social justice, environmental responsibility and economic opportunity all depend on the ability to build.
* Steve Wotton has been a Lib Dem member since 2018 and, since 2024, a Lib Dem Councillor in Surrey. He is also a local activist in the Dorking & Horley Constituency. Together with several fellow Lib Dems he is part of the inaugural Lib Dems for Growth Board.



3 Comments
Steve Wooton It would be really good if you added the words green and sustainable growth to the objectives of your group . so we build the homes and communities we need not what the developers insist we get . That we recognise green and renewable growth can halt the hollowing out of our towns and villages and have the infrastructure to support those settlements. That renewable energy comes in many forms , including wind ,solar, hydrogen and wave driven . battery storage also needs to be included .One bland word “Growth ” is lazy lets show how different Liberal Democracy can in its ambitions .
Growth is both good and bad.
Housing is the leading example of this.
More houses good. Built to poor sustainability standards is very bad indeed.
Government has to make sure that those who benefit from growth do so to the benefit of the people and their communities.
Interesting article Steve. Some ideas popping about my head that you could look at:
* Pro-future – active transition to green, tech enabled industry, managed transition away from declining industry
* Pro-/ promotion of British industry where we have competitive advantage or enjoy a global leadership position (film, music, arts, defense, education, finance, green energy etc)
* Pro-innovation and R&D (establishing innovation zones eg with universities)
* Keynesian stimulation of aggregate demand in periods of cyclical sluggishness – with large scale capital programmes
* Removal of trade barriers and points of friction – including campaign to rejoin EU Single Market and Customs Union
* Encouraging small business / new ventures as a career option
* Looking at ways to reduce monopolies that are killing emergent businesses while avoiding tax / not generating large tax receipts due to offshore structures
* Reducing burden of and stigma associated from bankruptcy from failed entrepreneurs / new business ventures if acted in good faith
* Establishing a sovereign wealth fund to invest in British businesses that could become unicorns, and also invest in overseas businesses where capital growth/dividends would benefit the UK exchequer
* Lowering corporation tax to stimulate investment
* Measures to attract inward investment (tax breaks and golden visas for investors)
Not saying any of these are good ideas, but hope they might be a bit interesting!