Why is the UK slacking off at work?
Ross ClarkThe Spectator
Productivity growth in Britain all but ceased in the year 2007, says Ross Clark. That matters. Without it, we can’t as a nation get pay rises or grow richer. Annual productivity growth slipped to an average of 0.2% after 2007, from 3.6% between 1945 and the mid-1970s, and 2.1% after that. Post-2020, it has been “non-existent or even negative”. And this in an apparent golden age of technological advance, which should in theory boost