Growing Businesses: Britain’s Productivity Challenge

The UK economy is finally recovering, with GDP surpassing its pre-crisis peak and unemployment gradually decreasing. But there is still a long way to go, and there are underlying problems that are unresolved.

Productivity remains substantially below its pre-crisis level, the UK compares poorly with other developed countries in terms of its infrastructure, there are substantial skills gaps, and lending to businesses continues to fall.

Growing Businesses sets out the policy areas that are most important to address in order to fully exploit the
potential of UK businesses. By providing an in-depth analysis of eight areas of public policy, along with detailed comparisons with our competitors internationally, it shows where the UK performs well and where there is room for improvement.

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