Remembering the basics in the 'New Normal' business landscape
The latest blog from LEAD on the importance of the basics in the changing business landscape.
Rohini Bhattacharya
26 April 2013
The UK’s productivity challenge
The new productivity statistics that came out this morning show the UK falling behind some other major economies. Between 2007 and 2011 there was no growth in productivity (measured by GDP per hour worked) in the UK. In contrast, productivity went up by 7 per cent in Japan, 6 per cent in the US, and 3 per cent in Canada.
Ian Brinkley
19 September 2012
Weeding out the 'Idlers' won't raise GDP
“The British are among the worst idlers in the world. We work among the lowest hours, we retire early and our productivity is poor”. This is one view of the UK labour market which is gaining ground among a growing number of politicians and think-tanks on the ‘de-regulating’ side of the debate on economic recovery. In their recent book, ‘Britannia Unchained’, the authors argue that employers are held back from creating wealth and new jobs by regulations which prevent them from sacking ‘coasting’ workers. In doing so they are echoing calls in the Beecroft Report that excessive employment regulation is strangling economic growth.
Stephen Bevan
14 September 2012