Clifford Beaumont – British Productivity Decreases

Less skilled labor entering Britain as a result of Brexit may make it more difficult for annual productivity to recover say Clifford Beaumont economists.

British productivity decreased at its most rapid rate in 4 years during the last year after the nation voted in favor of departing from the European Union in a June 2016 referendum. This rapid drop highlights the problems facing the British economy as Brexit looms.

The UK has fought to coax greater productivity from its workers for some time as..

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