Fixing the productivity gap
The Why? CurveDecember 15, 2022x
40:2232.47 MB

Fixing the productivity gap

The UK has a productivity problem. When it comes to how much output we each produce the UK is well behind our northern European counterparts, and its going from bad to worse. COVIDA hasn’t helped. According to the Office of National Statistics, public service productivity is 6.5% below the pre-coronavirus pandemic level.

Professor Philip McCann, Chair of Urban and Regional Economics at Alliance Manchester Business School at The University of Manchester, reckons productivity is a huge problem for the UK. On this week’s podcast he highlights why the UK is so different. And it’s not, as Liz Truss famously suggested, that British workers are amongst the “worst idlers in the world”.  Prof McCann suggests its more to do with how we have structured our public administration.

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