A new economic organisation, set up by Liz Truss, will launch on Wednesday, with a report claiming the average British person is £10,000 worse off than people in the US
"The average American is earning a third more than the average Briton, roughly a £10,000 gap in annual spending power between the two, which represents a difference of £24,000 between the average household in the UK and the US," it adds.
The group's second co-chairman, Shanker Singham, claimed opportunities for growth in the UK were"abundant and increasing". But with the former PM's reputation in Downing Street to contend with, the Commission's suggestions could come in for criticism.Ms Truss took over in Number 10 back in September, with a promise to take on the so-called"anti-growth coalition" both in parliament and Whitehall.
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