Britain needs sweeping changes to redress its economic failings, rising inequality and the corrosive legacy of the financial crisis, according to a report from a committee that included the Most Rev. Archbishop of Canterbury, Justin Welby.

The group outlined a 10-year plan for the sort of transformation experienced twice in Britain in the last century: once after the Second World War, when the state expanded its influence, and then in the 1980s, when Margaret Thatcher unleashed the free market to jolt the economy.

Commissioned by the Institute for Public Policy Research, a British public policy institute, the report, “Prosperity & Justice: A Plan for the New Economy,” landed just as Britain is grappling with its looming exit from the European Union, or Brexit, a move that has already slowed investment and dampened economic growth.

Instead of focusing on Brexit itself, the document tried to tackle some of the factors that prompted the 2016 referendum and the resulting decision to quit the European Union. That vote, the report said, “was a stark repudiation of the status quo and crystallized profound feelings of economic injustice.”