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At first glance a grant may be viewed simply as money being given to those who deserve and need it. Yet grants are always so much more than this.
UK productivity has been highlighted as an economic weakness for over a decade. Yet, in response to the pandemic, businesses have shown that they can utilise technology to create entirely new ways of working.
There are many different ways to boost productivity. One way is through investing in infrastructure. Another way is by making sure that people have access to high quality education. Find out more from our guest Bart van Ark, Professor at the Productivity Institute.
Successful businesses and economies are increasingly built on intangible or ‘knowledge assets’ rather than physical ones.
In my previous article I looked at the many types of fraud that government grant makers need to identify and take steps to prevent.
The great reset of the pandemic has the potential to launch the UK’s productivity back on course, following record low levels in 2019 – but the key to unlocking post-pandemic productivity not only lies in further and greater technology adoption, but also in reskilling.
Grants are an important tool for central and local government to support citizens and businesses, and improve lives, the economy and society.
Between the collapse of 83% of the UK’s department stores, consumers moving online and many high street shops now becoming obsolete, town centres are no longer the beating heart of local economies they once were.
Hearing that we had achieved 98% overall satisfaction was probably the first time in my professional career where I have had an emotional response.
Why should we care about productivity in the public sector? Of course, productivity can raise efficiency, lower prices and make it possible to do more with less.