Monica George Michail

Jul 3, 2024 | niesr.ac.uk | Jagjit Chadha |Sayantan Ghosal |Graeme Roy |Monica George Michail

For many years, the UK economy has been marred by low growth and flatlining productivity, both by historical and international standards. We’ve been lagging behind other developed economies, and it is making it difficult for everyone to make ends meet. With GDP per head currently below where it was at the last general election, the average person is now worse off than they were five years ago. This matters because it puts real pressure on public finances.