The story of Britain’s post 1945 economy has largely been one of governments trying to work out why productivity across the UK has been so much lower than in other advanced economies. So it shouldn’t be surprising that when the Chancellor of the Exchequer stepped up to deliver his last spring budget, productivity was mentioned 10 times in the speech.
Britain’s quest for productivity growth: Hammond’s small step in the right direction
The Centre responds to a number of policy announcements made by the Chancellor Philip Hammond in the 2017 Budget.