In the immediate aftermath of the last recession and accompanying financial crisis, there was every reason to expect companies to be reticent about embarking on long-term, productivity-enhancing investment programmes.
Moving the story on, we are now seven years from the end of the recession, and it remains the case that productivity growth in the larger Western economies remains very weak. The corollary of this,...
£44bn committed to sector over five years
Key points from Hammond's 'balanced' Budget
No stamp duty on homes under £300,000
Second Budget this year
Rises in-line with CPI