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Productivity level in the United Kingdom slumps again

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The UK'S productivity has sunk for the second quarter in a row, maintaining the nation's dismal track record since the financial crisis

The UK'S productivity has sunk for the second quarter in a row, maintaining the nation's dismal track record since the financial crisis

The UK'S productivity has sunk for the second quarter in a row, maintaining the nation's dismal track record since the financial crisis

The UK'S productivity has sunk for the second quarter in a row, maintaining the nation's dismal track record since the financial crisis.

The Office for National Statistics (ONS) said output per hour dropped by 0.1% during the three months to June, compared to a 0.5% fall for the first of quarter.

Productivity, which measures how many goods and services UK workers produce per hour, has struggled to bounce back from the weak levels seen in the wake of the 2008 banking crisis.

The ONS said the second-quarter fall was triggered by gross value added (GVA) growing at a slower rate than the number of hours worked.

Belfast Telegraph


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