I am well aware that I am only scratching the surface of these topics and omitting other important areas entirely – such as the energy U-turn or financial market regulation. 1.1. Labour markets and immigration  I have just outlined how demographic trends will place a burden on future growth.
In some quarters, the rise of China as a source of supply of manufactured products on world markets has been seen as a cause for concern - since China has such a large supply of low-cost labour, much of which has not yet been tapped.