AI skills could mean higher pay, PwC research finds May 21, 2024 PwC has found that jobs which involve AI could pay higher and are experiencing a booming productivity growth rate.
Capital markets, climate change and AI will profoundly alter financial services May 20, 2024 Addressing the biggest challenges facing the economy will not only bolster the City’s offering, but will contribute to broader questions of growth and productivity, says Chris Hayward City Week is back! Today, the 14th edition of City Week begins and Guildhall’s doors will open to over 1,000 international delegates. This year, our focus is four [...]
The UK is out of recession – but it’s far too soon to celebrate May 14, 2024 While the UK's exit from recession is welcome news, structural problems will continue to stymie economic growth for years to come if they are not addressed soon, Chris Dorrell writes
Higher wage growth has not fuelled inflation – but it will if productivity does not improve May 13, 2024 Despite stronger real wage growth, productivity - which measures workers' output per hour - has actually deteriorated in the past year.
Britain’s bad bosses finally show some signs of improvement May 13, 2024 "Bad managers are an area in which Britain stands out," the Resolution Foundation said in its Ending Stagnation report.
High levels of migration contributing to slowdown in productivity growth, report suggests May 8, 2024 "Large-scale migration has not delivered the economic benefits its defenders argue it should - with the era of mass migration coinciding with a significant slowdown in GDP per capita growth," O’Brien said.
Andrew Tyrie: How greater competition could spur productivity growth April 25, 2024 "The UK government does not have a framework in place for monitoring levels of competition in the economy that’s fit for purpose," Lord Tyrie said. "It badly needs one".
UK economy nearly a third smaller thanks to ‘catastrophically bad’ productivity slowdown March 12, 2024 Since the financial crisis, productivity growth in the UK has slowed significantly from its pre-2008 trend and has fallen behind international peers.