IoD: ‘Subpar productivity growth a bugbear for the UK economy’
Responding to official figures showing that quarterly labour productivity growth increased by 0.5% in Q2, Tej Parikh, Senior Economist at the Institute of Directors, said: “Despite the recent uptick, subpar productivity growth continues to be a bugbear for the UK economy. “On the one hand, the labour market is booming with a near record number of people…