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After the financial crisis, London lost the status of being the UK’s engine of productivity growth. Now it may risk losing the status of the UK’s engine of overall growth.
A comparison with Paris highlights the weaknesses that emerged in London since the financial crisis
While London’s stuttering presents an additional productivity challenge, it should be possible for policy makers to deal with two separate productivity problems simultaneously.
Weak investment in intangibles may be one of the explanations behind London’s weak productivity growth.
Join Centre for Cities and EC BID for the launch of a new report exploring London's productivity.
London's productivity growth has stalled since 2007, explaining a large part of the UK's 'productivity puzzle' and leaving it trailing behind its global peers.
The first blog of this series shows that London’s moved from leader to laggard in terms of the UK’s productivity growth, costing billions to the national economy.
A discussion surrounding the UK's productivity struggles and what role London plays in national productivity slowdown.
Cities in the North have higher shares of inactivity due to poor health, as shown in Cities Outlook 2023.
While many cities perform poorly against the national average, they still play an important role in their regions despite this underperformance.