The UK will be one of the only advanced economies in the world to see slower productivity growth this year
|04/15/2019||Posted by BusinessMediaguide.Com under General World News||
- The UK is set to be the only large advanced economy in the world to see a decline in productivity growth in 2019, according to a report by Conference Board.
- The figures show a likely decline in UK productivity is worse than with any other comparable country.
- “The UK is a consistent story of slow output growth, slow employment growth, and slow productivity growth,” Bart van Ark, chief economist of the Conference Board, told the Financial Times.
The UK economy is taking a beating with slugging productivity figures underpinning decades of decline for the world’s fifth largest economy.
A report from US non-profit Conference read more >>>