00:00I think what we're seeing actually in the economy underlines just why we need this agenda.
00:04We've had weak growth now really for the last 15 years since the financial crisis.
00:09So we have got to address it. What I would caution though of course is that it's absolutely
00:15the right thing to do but we've got to invest in it both literally and sort of figuratively.
00:20We won't see the results immediately. Growth measures take time to come through.
00:26Just got to stick at it. We've had some very big shocks in recent years. I think that's caused
00:32consumers to be quite cautious in their spending plans. I mean it's what our agents around the
00:37country tell us. All the businesses tell them that we've seen an increase in real incomes
00:42in households now for about two years but it's not coming through into consumption.
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