Tag Archives: Made Smarter review

Three things the Industrial Strategy should now do to raise productivity

Siemens wind turbines Hull_ChrisBentley_FlickrGeorge Osborne gave Philip Hammond what is known in sport as a hospital pass: an economic plan based on the UK returning to pre-2008 productivity growth of two per cent per annum without the investment or strategy to make it happen.  The Office of Budget Responsibility’s figures show we actually got paltry productivity growth of 0.2 per cent growth in 2016 and the forecast for 2017 is 0.0 per cent. Read more