Britain May Be Emerging From Its Productivity Slump, and AI Is Only Part of the Story
New payroll-based estimates suggest UK productivity has grown around 1.1% a year since late 2024, with gains broader than AI alone.
Senior Economics Contributor, British Business Review
Eleanor Whitmore is a senior economics contributor at British Business Review, writing on UK economic policy, taxation, productivity, and the changing environment for British businesses.
Her coverage focuses on the relationship between Westminster policy, financial markets, and the decisions facing executives, entrepreneurs, and investors across the country.
New payroll-based estimates suggest UK productivity has grown around 1.1% a year since late 2024, with gains broader than AI alone.
UK business investment rose 1.7% in Q2 2026, with ICT, machinery and hardware helping drive a broader recovery in capital spending.
A new UK call for evidence asks whether data rules are helping or hindering AI adoption, reuse and innovation.
The Bank of England held rates at 3.75% in June, but two policymakers voted for a hike as energy risks complicate the UK outlook.