Article 2J7NM Weak productivity leaves UK trailing other G7 nations

Weak productivity leaves UK trailing other G7 nations

by
Larry Elliott Economics editor
from on (#2J7NM)

Failure to recover to pre-financial crisis levels has seen 16% gap open up between UK and fellow members

Britain's poor productivity performance before, during and after the financial crisis of a decade ago has left a gap of 16% with the other six members of the G7 group of industrial nations.

International comparisons published by the Office for National Statistics show that output per hour worked continued to lag well behind the US, Germany and France in 2015 - the last year for which data is available.

Related: Global productivity slowdown risks creating instability, warns IMF

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments