This week, the Office for National Statistics published their annual international productivity comparison.
Latest Blogposts
October 2014
In general, the instabilities we are seeing are relatively benign, but the road to Christmas still has a few bumps in it…..
Chart of the Week: Week 42, 2014: Real Average Salary
In a report released over the weekend, the TUC claimed that the current squeeze in real earnings is the most severe since our records began almost 160 years ago.
Chart of the Week: Week 41, 2014: Employee Move Rate
The Office for National Statistics has pointed out in this month’s Economic Review that the increasing propensity for employees to move jobs is, perhaps even more than falling unemployment, a key indicator of the labour market recovery.
Chart of the Week: Week 40, 2014: Effective Exchange Rate
The decade leading up to the 2008 financial crisis was characterised by a very high real effective exchange rate, but also a period of serious decline for the UK manufacturing sector.
Chart of the Week: Week 39, 2014: European Government Deficits
UK public sector finances were released yesterday, showing that the deficit so far this financial year is higher than last year.