Tackling Britain’s productivity problem will require long-term public investment in quality education to close the skills gap and boost equality – a plan Adam Smith would have agreed with.
Speaking at Civic Future’s summit in Cambridge, US economist Tyler Cowen said he firmly believes we are coming out of the Great Stagnation.
Almost every domestic story right now is a manifestation of the country not generating enough growth.
Repairing Britain’s growth problems is difficult without addressing its productivity problems. The UK’s productivity gap with many other countries is widening.
There were few crumbs of consolation to be found in Jeremy Hunt’s socialist budget.
A personal view from Ian Stewart, Deloitte’s Chief Economist in the UK. Subscribe to & view previous editions at: http://blogs.deloitte.co.uk/mondaybriefing/ Last year was a tough
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