Has the UK made the right choice?

20 Mar 2015 6:54 PM | John Heap (Administrator)

Recent economic figures show that unemployment has fallen in the UK - there are more people employed than there have been for many years.


Yet, over this period of jobs growth, productivity has fallen.


The UK seems to have chosen jobs over productivity as the way out of the economic crisis.


This might be a sensible short-term approach ... but there is a danger that the country ends up as a low cost, low skill economy.


if the rest of Europe starts to pull out of its current poor economic shape the UK might find itself uncompetitive.


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