The Conservative Party

You know how big an ask that is, don't you?

We have been chasing the elusive improved productivity since Mr Wilson's time, to my certain knowledge, with relatively little success. The nearest we get to it is ideas like closing railway booking offices and damn the inconvenience to the public.

Low productivity largely arises from inadequate investment. Indeed, to once again refer to history, I remember Mr Heath saying this was a problem, and it has remained one. Contrary to Tory/Daily Mail propaganda - a polite word for 'lies' - this does not indicate that British workers are lazy. To give a simple example, a man with an electric screwdriver will always turn more screws in eight hours than a man with a manual one. Though the man with a manual screwdriver will actually be making a greater physical effort.

The sad truth is that UK investors almost always seek maximum short-term profits at any cost. This is why someone like Sheikh Mansour absolutely baffles so many people in this country.
A simple way to increase productivity, expand the workforce and grow the economy is for the government to understand what proper investment in the NHS, in education and in public transport infrastructure looks like and what it should be used for. Instead they talk about some imaginary household credit card and ‘balancing the books’ with seemingly no understanding of the benefits to society, the economy and the long term well being of the country.
 

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