UK productivity back at pre-crisis levels

UK productivity back at pre-crisis levels
 

The UK has only just pushed productivity per hour worked above its pre-crisis levels, according to Thursday's figures from the Office for National Statistics.
There has been a steady economic recovery since the financial crisis, but it has been driven by longer hours and more people working.
So while the economy has grown, living standards and wages have not.
The chancellor said this week incomes would soar if productivity were higher.
Philip Hammond told the Conservative conference it would add thousands to household income and was vital to the UK's future: "If we raised our... read more

 
6 October 2016 in Business, Views: 40
Source: BBC
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