Investment in UK’s Crumbling Public Services Is Pro-Growth, Says Pensions Minister

Must read

The UK must boost investment in its struggling public services to drive long-term economic growth, according to Pensions Minister Paul Maynard. Speaking at a business forum in London, Maynard argued that well-funded infrastructure, healthcare, and education systems are essential for a thriving economy, as they create a more productive workforce and attract global investment.

His comments come amid growing concerns over the state of Britain’s public services, which have been stretched by years of underfunding, rising demand, and inflationary pressures. Businesses and economists have increasingly warned that poor infrastructure and staff shortages in key sectors are holding back economic recovery.

“The idea that investing in public services is purely a cost is outdated,” Maynard said. “Strong public services underpin economic growth by improving efficiency, reducing long-term costs, and making the UK a more attractive place to do business.”

While some within the government remain cautious about increasing public spending, business leaders have welcomed the minister’s remarks. The Confederation of British Industry (CBI) and other trade groups have long called for greater investment in transport, healthcare, and digital infrastructure to boost productivity and competitiveness.

With the UK economy facing slow growth and rising fiscal pressures, the debate over public service funding is set to intensify ahead of the next budget announcement.

Stay tuned for more business updates—visit London Pulse News.

More articles

Latest article