Britain’s Productivity Is Growing at Pre-Industrial Revolution Rates
What they found is that the last decade was the worst in terms of growth for 250 years. In fact, it was twice as poor in terms of efficiency gains as the previous poorest decade, which came in the years between 1971 and 1981.
The research looked at the economic output achieved by British workers during an hour of working time. What they found is that the growth rate is as low as it was in the days before steam engines powered our factories.