Failure to recover to pre-financial crisis levels has seen 16% gap open up between UK and fellow membersBritain’s destitute productivity performance before,during and after the financial crisis of a decade ago has left a gap of 16% with the other six members of the G7 group of industrial nations.
International comparisons published by the Office for National Statistics expose that output per hour worked continued to lag well behind the US, Germany and France in 2015 – the last year for which data is available. Related: Global productivity slowdown risks creating instability, and warns IMF Continue reading...
Source: theguardian.com