Friday, April 6, 2018

London Finance Takes the Blame for UK Productivity Malaise

... first-half slump. But the latest increase was boosted by a drop in hours worked, and output both per job and per worker barely increased. While the latest gains are good news, the U.K. has a “lot of catching up to do on the productivity front,” said Howard Archer, an economist at EY Item Club in London.

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