Blog by author
Prof Mary O'Mahony
UK labour productivity is significantly lower than that of many other similarly advanced economies and has been so for decades, with negative implications for UK living standards. To make matters worse, during the last ten years labour productivity growth has stalled in most industrialised countries, and particularly in the UK. This has led to a renewed policy focus on productivity growth, as evidenced by successive government productivity plans and efforts to re-invigorate industrial strategy.
A new analysis of OECD survey data by researchers at Cambridge and the Institute of Education suggests that as many as 40% of adults in England and Northern Ireland are unable to calculate simple proportions and more than half are unable to interpret a basic line graph.
The heavy debt burden imposed on recent and current university students in England is frequently justified on the grounds that graduates derive many private benefits from their privileged higher education.