Economics
Cameron’s Plan Hasn’t Cracked Productivity Slump Flagged by BOE
This article is for subscribers only.
Mark Carney is concerned about the economy’s staying power and is looking to David Cameron for answers.
The Bank of England governor’s warning about the weakness of productivity has highlighted one of the major underlying problems stunting the recovery. He also said monetary policy isn’t the solution, putting the burden on Cameron’s newly elected Conservative government.