The United Kingdom has endured a challenging 2025, with stagnant growth, persistent inflation, and nervous bond markets contributing to a decidedly subdued economic mood. Despite these difficulties, there are emerging
All posts tagged in productivity
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The Bank of England’s governor, Andrew Bailey, has called for Britain to brace itself for a wave of job displacement driven by artificial intelligence. Comparing the trend to previous technological
Rachel Reeves is grappling with a significant fiscal setback after the Office for Budget Responsibility opted to lower its outlook for UK productivity growth. This revision is projected to widen
The influence of artificial intelligence on the UK economy is no longer a speculative matter. After years of discussion and anticipation, tangible impacts are emerging in employment figures and across
The NHS faces significant risks to future productivity without urgent, widespread adoption of artificial intelligence across its workforce, warns Euan Blair, the founder of tech training group Multiverse and son
Since the 2016 referendum, the City of London has wrestled with the repercussions of Brexit, witnessing its position among Europe’s financial capitals dented and its renowned productivity engine flagging. As
Rachel Reeves’ recent address at the IMF in Washington signalled a notable shift in the Government’s narrative about Britain’s economic woes. Instead of continuing to lay responsibility at the feet
NHS staff outperformed government expectations last year, delivering a sharp improvement in productivity and offering a timely win for Chancellor Rachel Reeves ahead of the crucial autumn Budget. For the
In a stark warning, Matt Clifford, chair of the Advanced Research and Invention Agency and former adviser on artificial intelligence to the British government, has expressed grave concerns over the
Chancellor Rachel Reeves faces a new challenge as the Office for Budget Responsibility (OBR) prepares to downgrade its key productivity forecast. According to sources within the Treasury, the government’s independent
Chancellor Rachel Reeves is facing heightened scrutiny as Britain’s economic growth remains sluggish one year after Labour’s ascent to government. With official figures expected to show that GDP crept up
Fresh data from the Office for National Statistics reveals a concerning trend in UK productivity, with merely three out of 18 private sector industries recording growth in the latest quarter.
The UK economy has shown signs of recovery in the first half of 2024, with quarterly growth at 0.6%, an annual inflation rate of 2.2%, and unemployment at 4.2%. However,
