Prosperity 2030
UCL Institute for Global Prosperity
Social Prosperity Network A research programme
Prosperity 2030

Coordinated reform for the UK:
Universal Services
+ National Contributions

A costed, fully funded five-year programme that mixes welfare and tax reforms so reductions in the cost of living offset increases in taxation. Zero new borrowing across the parliament.

The design move

Reductions in the cost of living offset increases in taxation.

The signature move of Prosperity 2030 is the sequencing: new Universal Services drive down what households spend on energy, transport, food, water, and the digital essentials at the same time as National Contributions simplify and modernise income tax. Universal Services deliver £1.21 of cost-of-living relief for every £1 spent, a 21% premium over equivalent cash benefits, so the combined effect is that most households end up better off even as taxation rises.

What's in the report

Three sections. One programme.

01. Where we are

The squeeze

A reading of the present moment: cost of living, the state of public services, and the structural causes of the pressure on households.

02. Where we could be

Universal Services

Free at the point of access, sequenced so the most visible relief comes first: digital, information, energy, transport, and food.

03. How we get there

A fully costed plan

A five-year programme funded from reformed taxes, with zero new borrowing across the window.

The Four Giants of 2030

Four conditions. Four structural answers.

Insecure Secure

Conditional welfare denies the safety it was meant to provide. The structural answer is unconditional access to basic services.

Weakened Strong

Infrastructure has decayed, resilience traded for short-term efficiency. The structural answer is investment in physical and social resilience.

Ignored Participating

Consumer choice has eclipsed democratic voice. The structural answer is modernised democratic practice at the local level.

Trapped Free

Conditional support discriminates between forms of contribution. The structural answer is universal entitlements paired with simple, non-discriminatory taxes.

Stewardship is what becomes possible when the four are answered. Not a fifth structural answer, but the outcome the other four make possible.

The numbers

Fully costed. Zero new borrowing.

New annual revenue
+ £101B
Raised from new, reformed income and property taxes, with lower taxes on earned incomes.
Funds Universal Services
- £65B
New Universal Services that reduce the cost of living for everyone. Plus structural reforms of water and energy.
New Investment
- £14B
Housing, hospices, and social care funded from revenues, not borrowing.
Redirected benefits
+ £16B
Reduces cost of living by £19B because Universal Services are 20% more effective at driving down the cost of living.
Remaining fiscal space
= £38B
Extra money for national priorities – to be decided by the government that implements the programme.

The report carries the full breakdown behind these figures: the assumptions, the workings, and the sensitivity analysis.

Next

Report coming soon.

The full Prosperity 2030 programme, with every section, policy, appendix, and reference, will be published at report.prosperity2030.uk.