Less than one per cent annual productivity growth is far less than Britain needs
Be the Business has responded to the latest ONS figures showing productivity growth annually of 0.9 per cent in Q1 2018, compared to the same period in 2017. Quarterly productivity fell by 0.4 per cent in Q1 2018 when compared to Q4 2017.
Productivity decrease should act as a wake-up call for UK business
Following the publication of new figures showing a decrease in national productivity, Be the Business has stated that with a more competitive business environment post-Brexit, firms must make improving performance a bigger priority.
Overconfidence on productivity is hampering British performance
New research from Be the Business has found that the vast majority of British bosses rate their skills highly relative to their peers. In turn, they invest little time in making their business run better.
Infographic: April 2018 key economic and productivity stats and headlines
Our monthly digest of the salient statistics, trends and headlines includes the Office for National Statistics' (ONS) latest productivity stats, automation fears and nationwide thoughts on the use of meetings.