Isn T: Uk Productivity

isn t: Labour productivity commonly measured as GDP per hour worked isn't just a concept for economists to obsess about, according to The Independent. If workers are more productive, firms can afford to pay them more. That's a rather more ominous announcement than it might sound. While UK productivity has risen substantially since at least the post-Second World War years, it has flatlined since the financial crisis. And the Bank of England chalks the problem up to one main culprit Brexit. The latest official data, covering the first three months of this year, shows that productivity in fact fell 0.2 per cent compared with a year earlier. (news.financializer.com). As reported in the news.