Scotland among most productive areas as London’s financial sector drains the blood of other parts

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John Robertson
Scotland among most productive areas as London’s financial sector drains the blood of other parts

The diagram above: ‘presents output per hour for the manufacturing and services industries in the UK economy by each of the regions, taking into account the total hours worked in each region.’ https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/labourproductivity/bulletins/labourproductivity/apriltojune2018 You can see that manufacturing productivity in Scotland is the second highest in the UK. There’s no sign of Scotland in the Services section. I’m a bit surprised given the strength of tourism here and the size of the Edinburgh financial sector. However, it seems that the…

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John Robertson
Scotland among most productive areas as London’s financial sector drains the blood of other parts