Article 44K6Q Why are so many UK businesses just barely managing to get by? | Phillip Inman

Why are so many UK businesses just barely managing to get by? | Phillip Inman

by
Phillip Inman
from Economics | The Guardian on (#44K6Q)

Foreign-owned businesses are more productive than British firms and it's all down to their superior management skills

As Britain walks closer to the EU's exit door, it is worth considering the nation's capacity to survive without, as the Bank of England governor, Mark Carney, would say, the kindness of strangers.

The strangers in this case are foreign investors and the foreign companies they own, which are based in the UK either to sell stuff to the domestic market or as part of a global network of suppliers.

Related: Productivity woes? Why giving staff an extra day off can be the answer

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