Wednesday, February 21, 2007

Still Waiting For Productivity Miracle

GDP per worker

We've blogged many times about Gordo's promised productivity miracle. Strangely, after a decade of tinkering, and billions blown on his half-baked interventions, we're still waiting.

According to the latest ONS update, we stil lag the G7 average, and are way behind Germany, the US, and France.

Just thank God for the City, otherwise we'd be completely sunk.

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