M
Member
Speaking in the House of Lords on 13 May 2025
Debate
Employment Rights BillContribution
I will not go through the GDP rates per hour, but they make depressing reading, with the US earning the highest GDP per hour in purchasing power, and France and Germany earning more than the UK. UK productivity was around 19% lower than that of the US. We improve productivity by having an incentive-based pay scheme, and that must be based on higher skills and higher aspiration.
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