#productivity-growth

#productivity-growth

The Office for Budget Responsibility's revised productivity outlook has reduced fiscal headroom, forcing the chancellor toward another tax-raising budget while the Treasury seeks greater buffer and influence over forecasts.

Technological revolutions ultimately raised net employment through productivity gains and new roles; AI will likely cause severe task churn but increase productivity and jobs.

Corporations must address workforce disengagement to leverage AI effectively and boost productivity.

UK public finances are on an unsustainable path, prompting calls for significant reform and efficiency improvements.