Emeritus Prof Christopher May on Nostr: New #ONS data on #productivity (P) suggest that high P (growth in P) among the top ...
New #ONS data on #productivity (P) suggest that high P (growth in P) among the top 10% of firms is what keeps UK's anaemic P-growth, growing at all...
If it wasn't for these firms, then, the UK's productivity puzzle would not be about stagnated P-growth but decline...
As Paul Dales (Capital Economics) says: '“There appears to be something of a middle malaise, with a big number of “middle” firms having become significantly less productive'!
Most of UK's business sector is moribund!
h/t FT
If it wasn't for these firms, then, the UK's productivity puzzle would not be about stagnated P-growth but decline...
As Paul Dales (Capital Economics) says: '“There appears to be something of a middle malaise, with a big number of “middle” firms having become significantly less productive'!
Most of UK's business sector is moribund!
h/t FT