In a speech to the Institute for Government thinktank, he will call for the creation of a National Economic Council, jointly chaired by the prime minister and chancellor with a mission to deliver annual growth of 3%.
The way we govern will have to be radically transformed and government put on a war footing if Britain is to break free from the vicious low growth, low productivity, and low wage cycle that has seen annual growth halve in the last decade.
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