UK Q2 productivity 0.8% lower than a year earlier
Tweet
Share
E-mail
People walk outside the Bank of England building in London, Britain, April 14, 2025. REUTERS/Carlos Jasso/ File Photo
LONDON (Reuters) -British output per hour worked in the three months to June was 0.8% lower than a year earlier, the steepest annual decline since the third quarter of 2024, official figures showed on Thursday.
Weak productivity growth has been a problem for Britain and many other Western economies for years and has become somewhat more sluggish since the COVID-19 pandemic.
Britain's Office for National Statistics said output per hour worked in the second quarter of 2025 was 1.5% higher than in 2019. Output per worker has risen just 1.1% since then.
(Reporting by David MillikenEditing by William Schomberg)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- British far-right commentator Milo Yiannopoulos detained by ICE
- Honda, Nissan to reach deal on joint development of vehicle software, Nikkei Asia reports
- Kalshi cannot block Nevada oversight of prediction markets, US appeals court rules
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
