The United Kingdom’s economy is stagnant. This is an undeniable truth and a problem that the Chancellor will want to address in the coming Budget. We only just managed to avoid a technical recession last year. This year is no better, with the IMF suggesting that our economy will shrink by 0.6%. The IMF may be mistaken – they often are – but that does not mean we should pretend that everything is rosy.
One of the main problems that continues to affect our economy is weak productivity. In 2021, our productivity was more than 10% lower than France or Germany, and nearly 20% less than the United States. One way that we can improve productivity in this country is to embrace the new hybrid way of working that has emerged due to Covid.
Actual Experience PLC (LON:ACT), an analytics-as-a-service company, provide digital experience quality analytics services in the United Kingdom, the United States, Europe, and internationally. The Company work with business leaders and people-centric organisations to continuously analyse the Human Experience of the Digital Workplace.