Sue Foxley

Download this report to read both part one & two of 'The Productivity Paradox'

While rising productivity does not guarantee a successful economy and happy society, it certainly helps.

Significant real estate lettings tell the story of a country highly attractive to global giants from Apple and Amazon to Moderna and MSD, but which struggles to nurture and retain our own innovative SMEs to scale. This is not to say the UK has an unimpressive record.

England suffers from a shortage of housing.

Just the title of this report, The Productivity Engine, reminds us of breakthrough technologies and the immense potential for renewable electricity to power our future.

As the UK faces a new government and potential shifts in SDLT for overseas buyers, our Q2 report delves into the static housing market, rising rents, and shifting demand towards larger homes.

Oxford Economics forecast a rapid decline in the bank rate this year and next, ending 2024 at 4% and 2025 at 3%.

On the day, we explored the challenges of establishing an environment that attracts global talent and international business, while facilitating the journey from spin-out to IPO, and securing venture capital during a period of economic uncertainty.