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Why is UK Labour Productivity Falling Behind?

Geoff Riley

20th March 2025

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In this video, we’ll dive deep into one of the most critical economic indicators shaping the UK economy: labour productivity. We’ll explore what labour productivity means, why it’s essential for living standards, and the key factors driving its growth—or stagnation. From investment in physical capital and human skills to the role of technological innovation and global trade, we’ll uncover why the UK is lagging behind its peers like the USA and what can be done to improve.

Why is UK Labour Productivity Falling Behind?
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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.