Higher UK interest rates could give a boost to productivity Economics Analysts at the bank think that more expensive borrowing costs could force firms to employ resources more efficiently.
Forget the big infrastructure projects, SMEs are the key to unlocking growth Opinion Dear Chancellor, forget the big infrastructure projects. Boosting the productivity of SMEs is the key to growth, writes Paul Ormerod.
New labour force survey could be delayed to 2027 amid falling participation Economics Since the pandemic, the ONS has struggled with falling response rates to its flagship labour force survey (LFS), which has raised questions over the accuracy of its data.
Office for Value for Money: Can more bureaucracy really improve productivity? November 13, 2024 Public sector productivity has remained the same for 25 years. Can more bureaucracy help it, Paul Ormerod asks.
Sir Martin Sorrell: Tax hikes risk hurting UK productivity October 29, 2024 The government’s potential tax hikes and changes to investment relief could drive capital abroad, discourage hiring and stymie productivity, former WPP chief Sir Martin Sorrell has warned ahead of tomorrow’s Autumn Statement.
Capital isn’t the issue – there aren’t enough UK projects to invest in October 16, 2024 My company is raring to invest billions into the economy, but there's nowhere for the money to go, writes Tracy Blackwell.
‘The biggest barrier to growth’: Businesses set out plan to fix productivity puzzle October 11, 2024 Some of the UK’s most high-profile businesses have set out a roadmap to improve productivity growth, including reforms which could boost the economy by £82bn over the next five years. The Building Back Britain Commission, which included representatives from Vodafone, PIC and British Land, looked at productivity across the entire country, finding five key areas [...]
How Manchester hopes to influence Rachel Reeves to boost UK productivity October 3, 2024 A new think tank has been launched in Manchester hoping to influence Chancellor Rachel Reeves and the new Labour government’s efforts to boost productivity across the UK. The Productivity Institute, which is based at the University of Manchester, has set up a policy unit with the aim of ‘informing and influencing’ the likes of Reeves. [...]
Financing growth? How the City’s frailties have hamstrung productivity October 1, 2024 Championing the UK's financial system should not obscure the fact that there is plenty of room for improvement.
Sir Martin Sorrell: Labour’s working week reforms won’t help firms September 17, 2024 British businessman Sir Martin Sorrell has said that altering the working week will not boost productivity in the UK, pushing back on Prime Minister Keir Starmer’s pledges to transform Britain’s work culture.