Chris welcomes growth in UK productivity

29 May 2026
chris

Leading academic, John Van Reenen, has highlighted the growth in UK productivity to an annualised rate of 1.6% and the productivity measures the government has taken, including investment in research and development (R&D). I’ve been calling on the government to invest more in R&D since my election and this is encouraging to see. I asked the Bank of England Deputy Governor if the recent productivity figures are true and sustainable.

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