March 23, 2023
UK productivity continues to drag despite variations across sectors
The UK has seen a significant dip in productivity growth since the Global Financial Crisis of 2007-8, according to a new report from PwC UK. However, this new analysis also highlights sectoral differences in productivity growth, with some sectors performing better than others in recent years. The slowdown in manufacturing productivity is also shown to have played a significant role in the fall in economy-wide productivity, but there is positive sentiment amongst manufacturers, with almost 1 in 5 expecting to see gains of 10-25 percent in the coming year. According to PwC UK’s new UK Productivity Tracker, a lack of sustained investment expenditure may be behind the UK’s weak performance. More →
March 24, 2023
Company culture is one of the hardest but most valuable things to get right after a merger
by Siobhan Byrnes • Business, Comment