Article 4CHDP UK productivity grows by just 0.5% in 2018 amid Brexit uncertainty

UK productivity grows by just 0.5% in 2018 amid Brexit uncertainty

by
Richard Partington Economics correspondent
from Economics | The Guardian on (#4CHDP)

ONS says Britain achieving growth of only a quarter the level seen a decade ago

Britain has maintained its dismal productivity record, with the rise in worker efficiency in 2018 only a quarter of the level seen before the financial crisis a decade ago.

Amid fears Brexit uncertainty is set to further damage productivity growth, holding back improvements in living standards, the Office for National Statistics said labour productivity grew by only 0.5% last year compared to 2017.

Related: UK worker productivity growth falls to two-year low on back of Brexit concerns

Related: We're working like it's 1975, but the jobs boom isn't all it seems. Here's why | Larry Elliott

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