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UK productivity

  • A state of the nation tale: The National Rail Museum won’t accept a model railway set

    Opinion

    From museums that won't accept model railway sets to the NHS's refusal to share data, British inefficiency is costing us billions.

    Detailed model railway set showcasing intricate train tracks and miniature landscapes for hobby enthusiasts.
  • Britain’s £800bn investment pile that isn’t being used

    Opinion

    Britain's 'mainstream investors' hold more than £800bn in net financial wealth, an investment sum large enough to meaningfully address the capital gap.

    Traders analyzing data on screens at London Stock Exchange, showcasing investment trends and market activity
  • Productivity growth twitchy in wake-up call for OBR and Reeves

    Economics

    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 [...]

    The Treasury
  • 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 [...]

  • Enough with black-hole blaming, Reeves is ignoring low hanging fruit

    July 15, 2025

    Raising taxes and plugging black holes, Reeves's discourse ignores proven (and easier) methods to boost productivity, says Paul Ormerod.

  • UK firms turn to AI and automation as they struggle to find skilled workers

    June 4, 2025

    Nearly three-quarters of British firms are struggling to find talented workers in fears that productivity levels are unlikely to rebound after a bumpy recovery from the pandemic, fresh research has found.  Prime Minister Keir Starmer has called on firms to prioritise hiring British workers over sponsoring foreign nationals as part of his plans to boost [...]

  • The Debate: Should the UK have more bank holidays?

    May 28, 2025

    With not another bank holiday until the end of August, are Brits in need of more time off? Two writers go head to head in this week's Debate.

  • From rare bees to miners’ pensions, money is now no object in parliament

    May 28, 2025

    Miners' pensions, indigenous rights, the shrill carder bee - parliament and the public have lost touch with the reality of public spending.

  • If the ONS can’t measure productivity, how are we meant to improve it?

    April 23, 2025

    The ONS's shortcomings are far from trivial, its bad maths is holding back the UK economy, writes Paul Ormerod.

  • The Debate: Has Britain lost its work ethic?

    February 5, 2025

    Chris Philp has told Brits to pull up their bootstraps, but have we really lost our work ethic? We let two writers hash it out.

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