Encouragingly, in a recent blog post, John Van Reenen, one of the UK's leading academic experts on productivity and an adviser to Rachel Reeves, the chancellor, stated that "since Labour was elected in the third quarter of 2024, output per worker has risen by 2.4 per cent. This is an annualised rate of 1.6 per cent, which compares with less than 0.3 per cent . . . in the previous decade."
Blog: A more productive economy is being delivered under this Labour government by John Van Reenen on LSE Politics.
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