Browsing: productivity

Add to Google Preferred Sources Britain’s economic productivity is showing its first sustained improvement since the 2008 financial crisis, according to new estimates from the Resolution Foundation. Output per hour worked grew at an average annual rate of 1.1% over the two years through June 2026, reversing a 0.7% annual decline in the prior two-year…

LSE economists, two of them Treasury advisers until recently, put UK productivity growth at “an annualized productivity growth of 1.6 per cent between 2024 Q3 and 2026 Q1, compared with only 0.3 per cent over the decade preceding 2024 Q3”. The tax records underpinning that finding show employment falling by 133,000, where official statistics report…

There is a number that Indian IT companies increasingly like to talk about: revenue per employee. It is a useful number because it tells us how much money a company is generating from every person on its payroll. And right now, that number is rising across the country’s biggest IT services companies.