Andrew Carter argues in the Local Government Chronicle that the best way to improve local productivity is to focus on helping high-performing firms to do even better rather than support struggling firms to up their game
After one of the worst decades for productivity growth in the UK’s modern history, few people now doubt the scale of the country’s productivity problem. What has been less clear is its cause and how to tackle it.
Analysis shows the key to addressing the UK’s problem is to help already high-performing businesses do even better. That means focusing on firms which export across the country and globe, particularly in sectors such as ICT, manufacturing and pharmaceuticals.
Read more in the Local Government Chronicle.
