According to Office for National Statistics data, productivity in the D2N2 region (Derby, Derbyshire, Nottingham and Nottinghamshire) is about 88% of the rest of the UK.
In 2015 this meant that an average worker in D2N2 produced around £10,700 less in gross value added (GVA) than an average worker in England. Aggregating across all employees in D2N2, this amounts to a productivity gap of more than £8.2 billion!
In light of these stark figures, it’s easy to see how increasing productivity could benefit a business’s bottom line, but addressing how to tackle this is often much harder – and is something that’s being discussed in earnest across the region.
Find out more about this topic by attending our latest Ingenuity breakfast event: 7:45-9:30am, Tuesday 25 September 2018.
Book your place on the Ingenuity website.
14 October 2023
16 October 2023