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productivity

  • Starmer denies misleading public as fresh row with OBR erupts

    December 1, 2025

    Prime Minister Keir Starmer has denied accusations that Chancellor Rachel Reeves misled cabinet colleagues – and the country – over the state of public finances in the lead-up to the Budget as tax rumours hinged on the belief that there was a £30bn shortfall in the fiscal headroom. In a press conference at a nursery [...]

  • UK construction productivity still stuck in the 90s, warns industry body

    November 21, 2025

    Productivity in Britain’s construction sector is now lower than in 1997, according to a new report. Decades of under-investment have left delivery capacity “dangerously thin”, a new report by Oxford Economics for the Construction Plant-hire Association (CPA), Half-Built Britain, has warned. CPA chief Steven Mulholland said the report should serve as a “wake-up call” for [...]

  • Productivity growth twitchy in wake-up call for OBR and Reeves

    November 13, 2025

    Productivity levels stuttered in the third quarter of the year, an initial estimate has shown, subverting the Chancellor’s hopes of boosting output in the UK economy.  The Office for National Statistics (ONS) said on Thursday morning that quarterly growth in output per hour rates was 0.7 per cent, the highest level since the end of [...]

  • NHS must stop prioritising staff convenience over public health

    November 12, 2025

    Falling productivity, striking doctors and a refusal to embrace new technology: the NHS is not run for 'us' at all, writes Paul Ormerod.

  • Political activism does not belong in the office

    November 12, 2025

    Ideological employee groups, ESG requirements and staff activism have nothing to do with business, writes Baroness Joanne Cash.

  • Productivity crisis deepens as public sector continues to stutter

    November 3, 2025

    Public sector productivity has dropped at its fastest rate in nearly three years, according to fresh official figures that lay bare the government’s multi-year struggle to revive the efficiency of the country’s creaking public services. Data from the Office for National Statistics (ONS) showed total productivity at state-owned bodies fell by 0.7 per cent year [...]

  • Autumn Budget: Rachel Reeves pledges to beat ‘gloomy’ economic forecasts

    October 29, 2025

    Rachel Reeves has insisted that the UK can overcome bleak forecasts that look set to box her into manifesto U-turns and further tax hikes.  The Chancellor wrote in The Guardian that she is “determined not to simply accept the forecasts”, pointing to interest rates cuts and trade deals as examples of Britain on the right [...]

  • Rachel Reeves set for £20bn OBR productivity downgrade

    October 28, 2025

    Rachel Reeves’ ballooning fiscal black hole is set to deepen as the fiscal watchdog hands the Chancellor its final productivity forecast on Friday. The Treasury is already battling to contain public finances after a U-turn on welfare reforms ruined hopes of £5bn in savings, and a £190bn spending splurge on government departments helped erode the Chancellor’s wafer-thin [...]

  • Better workplaces will make Britain more productive

    October 11, 2025

    The UK’s significant productivity crisis is exacerbated by outdated and inefficient office environments, and improving these workplaces is a practical and cost-effective starting point for businesses to boost national output, employee efficiency and staff retention, says Phil Bentley Last Friday, The Office for Budget Responsibility submitted its latest estimates for the UK economy to the [...]

  • OBR risks being ‘unreasonably pessimistic’ as Reeves set to be given leeway

    October 10, 2025

    The Office for Budget Responsibility (OBR) risks being “unreasonably pessimistic” if it decides to downgrade productivity growth trends by more than 0.1 percentage point, fresh analysis has indicated, in what could hand Chancellor Rachel Reeves some extra leeway at this year’s Budget.  The fiscal watchdog is widely expected to downgrade productivity forecasts as part of [...]

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