Exclusive: Michael Heseltine fears British people are 'too rich to push' for economic recovery

Lord Heseltine believes Britain lacks drive but senior government adviser points to rising employment and house prices as signs the economy was recovering

British people may be so wealthy that they lack the “national will” needed to secure an economic recovery, Lord Heseltine has suggested.

In an interview with The Independent, the former Deputy Prime Minister said that one theory why Britain's growth was sluggish compared with India and China was because – unlike the UK – those countries had "real problems".

One of the Government's senior advisers, Lord Heseltine has been consulting with George Osborne on regenerating British cities. Most of the recommendations in his regional growth report were accepted by the Chancellor in last week's Budget. But asked whether it was essential that the country's economy improved, the 80-year-old peer replied: "It's not essential. It doesn't need to. It can go on drifting down.

"There is no God-given rule saying you've got to have a well-performing economy. It could be an indifferent economy. It's a question of whether the national will is there; whether we want it. And the richer you get the less imperative there is."

Lord Heseltine – who sought to revitalise Liverpool after riots in 1981 while a cabinet minister under Margaret Thatcher – said: "Maybe one of the problems of advanced economies is that people are sufficiently well off that they don't need to drive themselves any more. All these comparisons with China and India are ridiculous. I've just come back from India. You know why they've got to drive themselves – they've got real problems! While in this country there are people with problems, the vast majority of people have standards which are not comparable with the Third World."

Asked whether he believed poor growth stemmed from a lack of desire, Lord Heseltine replied: "It could be. I don't personally subscribe to that view but I don't discount it as a possible thought … I think there is in the nature of most people a desire to do something and to do it better, and do it to a degree of personal satisfaction."

He pointed to rising employment and house prices as signs the economy was recovering – and queried the official GDP statistics. Asked whether he thought the figures were wrong, he said: "That would be the question I would ask every day if I were in government: how do you square these statistics with all the evidence that is being produced – not all, but a lot of it."

News
people
Sport
Yaya Sanogo celebrates scoring the opening goal with Arsenal's English midfielder Alex Oxlade-Chamberlain
champions leagueLive: All the latest from the Emirates and Bulgaria, where Liverpool face Ludogorets
News
Andy Murray with his girlfriend of nine years, Kim Sears who he has got engaged to
peopleWimbledon champion announces engagement to girlfriend Kim Sears
Arts and Entertainment
An unseen image of Kurt Cobain at home featured in the film 'Kurt Cobain: Montage of Heck'
filmThe singers widow and former bandmates have approved project
PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
News
ebooksNow available in paperback
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Argyll Scott International: Senior Business Analyst- Insurance

Negotiable: Argyll Scott International: Senior Business Analyst - Insurance ...

Recruitment Genius: Property Manager

£25000 - £29000 per annum: Recruitment Genius: This independent, growing Sales...

Recruitment Genius: Graphic Designer

£16000 - £20000 per annum: Recruitment Genius: Multi-skilled graphic designer ...

Austen Lloyd: Court of Protection Solicitor

£30000 - £50000 per annum + EXCELLENT: Austen Lloyd: Court of Protection Solic...

Day In a Page

Homeless Veterans Christmas Appeal: Drifting and forgotten - turning lives around for ex-soldiers

Homeless Veterans Christmas Appeal: Turning lives around for ex-soldiers

Our partner charities help veterans on the brink – and get them back on their feet
Putin’s far-right ambition: Think-tank reveals how Russian President is wooing – and funding – populist parties across Europe to gain influence in the EU

Putin’s far-right ambition

Think-tank reveals how Russian President is wooing – and funding – populist parties across Europe to gain influence in the EU
Tove Jansson's Moominland: What was the inspiration for Finland's most famous family?

Escape to Moominland

What was the inspiration for Finland's most famous family?
Nightclubbing with Richard Young: The story behind his latest book of celebrity photographs

24-Hour party person

Photographer Richard Young has been snapping celebrities at play for 40 years. As his latest book is released, he reveals that it wasn’t all fun and games
Michelle Obama's school dinners: America’s children have a message for the First Lady

A taste for rebellion

US children have started an online protest against Michelle Obama’s drive for healthy school meals by posting photos of their lunches
Colouring books for adults: How the French are going crazy for Crayolas

Colouring books for adults

How the French are going crazy for Crayolas
Jack Thorne's play 'Hope': What would you do as a local politician faced with an impossible choice of cuts?

What would you do as a local politician faced with an impossible choice of cuts?

Playwright Jack Thorne's latest work 'Hope' poses the question to audiences
Ed Harcourt on Romeo Beckham and life as a court composer at Burberry

Call me Ed Mozart

Paloma Faith, Lana del Ray... Romeo Beckham. Ed Harcourt has proved that he can write for them all. But it took a personal crisis to turn him from indie star to writer-for-hire
10 best stocking fillers for foodies

Festive treats: 10 best stocking fillers for foodies

From boozy milk to wasabi, give the food-lover in your life some extra-special, unusual treats to wake up to on Christmas morning
Phil Hughes head injury: He had one weakness – it has come back to haunt him

Phil Hughes had one weakness – it has come back to haunt him

Prolific opener had world at his feet until Harmison and Flintoff bounced him
'I have an age of attraction that starts as low as four': How do you deal with a paedophile who has never committed a crime?

'I am a paedophile'

Is our approach to sex offenders helping to create more victims?
How bad do you have to be to lose a Home Office contract?

How bad do you have to be to lose a Home Office contract?

Serco given Yarl’s Wood immigration contract despite ‘vast failings’
Green Party on the march in Bristol: From a lost deposit to victory

From a lost deposit to victory

Green Party on the march in Bristol
Putting the grot right into Santa's grotto

Winter blunderlands

Putting the grot into grotto
'It just came to us, why not do it naked?' London's first nude free runner captured in breathtaking images across capital

'It just came to us, why not do it naked?'

London's first nude free runner captured in breathtaking images across capital