Tera Allas CBE
@teraallas.bsky.social
Business #investment is a leading indicator of #productivity #growth. It is not picking up, and nor do businesses expect it to. Access to finance is _not_ the reason for the vast majority of firms. So the trillion dollar question is: why are UK businesses so reticent to invest? #dataisbeautiful
November 14, 2025 at 10:48 AM
Business #investment is a leading indicator of #productivity #growth. It is not picking up, and nor do businesses expect it to. Access to finance is _not_ the reason for the vast majority of firms. So the trillion dollar question is: why are UK businesses so reticent to invest? #dataisbeautiful
Is the UK seeing a #productivity revival, if we look at alternative data from PAYE payrolls? No. Putting this data into context reveals that productivity #growth post-pandemic has still been abysmal. [Reminder: #OBR mid-term projection in March 2025 was still 1.3%.] #dataisbeautiful
November 13, 2025 at 10:24 AM
Is the UK seeing a #productivity revival, if we look at alternative data from PAYE payrolls? No. Putting this data into context reveals that productivity #growth post-pandemic has still been abysmal. [Reminder: #OBR mid-term projection in March 2025 was still 1.3%.] #dataisbeautiful
Adoption of #AI is driving sales, profitability, and growth - right? Well... [And it's not yet showing up in productivity, either.] For this sample of large firms, the (self-reported) main impact is so far has been in innovation. Full report: bit.ly/3LuVzh2 #dataisbeautiful
November 11, 2025 at 4:22 PM
Adoption of #AI is driving sales, profitability, and growth - right? Well... [And it's not yet showing up in productivity, either.] For this sample of large firms, the (self-reported) main impact is so far has been in innovation. Full report: bit.ly/3LuVzh2 #dataisbeautiful
In the upcoming #UKBudget, does it make sense to "protect the NHS"? Our #NHSProductivityCommission analysis suggests we were already getting poor value for money pre-pandemic, relative to comparator countries. Full report here: bit.ly/3WPxu76 #dataisbeautiful
November 11, 2025 at 11:25 AM
In the upcoming #UKBudget, does it make sense to "protect the NHS"? Our #NHSProductivityCommission analysis suggests we were already getting poor value for money pre-pandemic, relative to comparator countries. Full report here: bit.ly/3WPxu76 #dataisbeautiful
Reposted by Tera Allas CBE
📣 How are SMEs using generative AI today? Can it help address labour and skill challenges?
If you missed our second Autumn 2025 Digit Debates event, ‘Generative AI: A solution to the SME skills challenge?’, you can now watch a recording on our website: digit-research.org/events/gener...
If you missed our second Autumn 2025 Digit Debates event, ‘Generative AI: A solution to the SME skills challenge?’, you can now watch a recording on our website: digit-research.org/events/gener...
November 7, 2025 at 9:19 AM
📣 How are SMEs using generative AI today? Can it help address labour and skill challenges?
If you missed our second Autumn 2025 Digit Debates event, ‘Generative AI: A solution to the SME skills challenge?’, you can now watch a recording on our website: digit-research.org/events/gener...
If you missed our second Autumn 2025 Digit Debates event, ‘Generative AI: A solution to the SME skills challenge?’, you can now watch a recording on our website: digit-research.org/events/gener...
Fantastically informative report by my colleagues at McKinsey and QuantumBlack on the State of #AI. Below just one of the critical insights on how to turn experimentation into enterprise-level productivity and value. Full report here: bit.ly/3LuVzh2 #dataisbeautiful
November 7, 2025 at 9:45 AM
Fantastically informative report by my colleagues at McKinsey and QuantumBlack on the State of #AI. Below just one of the critical insights on how to turn experimentation into enterprise-level productivity and value. Full report here: bit.ly/3LuVzh2 #dataisbeautiful
Really excited to see this published and honoured to have contributed a chapter with the brilliant @profcarycooper.bsky.social, on business schools' and business leaders' opportunity to support workplace #wellbeing, and, of course, #productivity.
Shoutout to @usociety.bsky.social for fab dataset!
Shoutout to @usociety.bsky.social for fab dataset!
In celebration of @alliancembs.bsky.social's 60th Anniversary, we're pleased to announce the publication of Reimagining Business Schools for the 21st Century🏙️
This collection of essays explores how business schools can respond to the grand challenges of our time - from net zero to AI and beyond.
This collection of essays explores how business schools can respond to the grand challenges of our time - from net zero to AI and beyond.
November 4, 2025 at 6:32 PM
Really excited to see this published and honoured to have contributed a chapter with the brilliant @profcarycooper.bsky.social, on business schools' and business leaders' opportunity to support workplace #wellbeing, and, of course, #productivity.
Shoutout to @usociety.bsky.social for fab dataset!
Shoutout to @usociety.bsky.social for fab dataset!
Reposted by Tera Allas CBE
Generative AI: A solution to the SME skills challenge?
📆 Wednesday 5 November
🕰️ 12.30pm-2pm (GMT)
🗣️ Speakers: Marguerita Lane
👥 Discussants: @teraallas.bsky.social, Ian O'Donnell MBE, Prof. Ödül Bozkurt
🪑 Chair: Prof. Mark Stuart
🔗 Register: digit-research.org/events/gener...
📆 Wednesday 5 November
🕰️ 12.30pm-2pm (GMT)
🗣️ Speakers: Marguerita Lane
👥 Discussants: @teraallas.bsky.social, Ian O'Donnell MBE, Prof. Ödül Bozkurt
🪑 Chair: Prof. Mark Stuart
🔗 Register: digit-research.org/events/gener...
October 28, 2025 at 4:17 PM
Generative AI: A solution to the SME skills challenge?
📆 Wednesday 5 November
🕰️ 12.30pm-2pm (GMT)
🗣️ Speakers: Marguerita Lane
👥 Discussants: @teraallas.bsky.social, Ian O'Donnell MBE, Prof. Ödül Bozkurt
🪑 Chair: Prof. Mark Stuart
🔗 Register: digit-research.org/events/gener...
📆 Wednesday 5 November
🕰️ 12.30pm-2pm (GMT)
🗣️ Speakers: Marguerita Lane
👥 Discussants: @teraallas.bsky.social, Ian O'Donnell MBE, Prof. Ödül Bozkurt
🪑 Chair: Prof. Mark Stuart
🔗 Register: digit-research.org/events/gener...
Outstanding speech by @bankofengland.bsky.social Catherine L. Mann on the UK's "consumption gap" at the @resfoundation.bsky.social. Evidence that scarring (inflation shock) is still influencing people's consumption and saving decisions.
Link to speech: bit.ly/4n1PhTl
Link to speech: bit.ly/4n1PhTl
October 9, 2025 at 11:35 AM
Outstanding speech by @bankofengland.bsky.social Catherine L. Mann on the UK's "consumption gap" at the @resfoundation.bsky.social. Evidence that scarring (inflation shock) is still influencing people's consumption and saving decisions.
Link to speech: bit.ly/4n1PhTl
Link to speech: bit.ly/4n1PhTl
Important research on the link between employment legislation and innovation. Think the UK need not worry? According to research, UK restructuring costs still considerably higher than the US, Switzerland. #dataisbeautiful
The Economist on How Europe crushes innovation:
bit.ly/4mVKxhY
The Economist on How Europe crushes innovation:
bit.ly/4mVKxhY
October 9, 2025 at 11:03 AM
Important research on the link between employment legislation and innovation. Think the UK need not worry? According to research, UK restructuring costs still considerably higher than the US, Switzerland. #dataisbeautiful
The Economist on How Europe crushes innovation:
bit.ly/4mVKxhY
The Economist on How Europe crushes innovation:
bit.ly/4mVKxhY
UK #AI adoption continues to grow, with 24% of businesses now saying they are using specific AI tools (up from 15% a year ago). Broadly, adoption (Y-axis) mirrors estimates of AI's ability to automate or augment tasks (X-axis) within the occupations typical for each sector. #dataisbeautiful
October 8, 2025 at 1:59 PM
UK #AI adoption continues to grow, with 24% of businesses now saying they are using specific AI tools (up from 15% a year ago). Broadly, adoption (Y-axis) mirrors estimates of AI's ability to automate or augment tasks (X-axis) within the occupations typical for each sector. #dataisbeautiful
Pleased to have contributed to this timely, and thoughtful, article, by @barneymac.bsky.social at The Observer, on #AI and graduate #jobs. I agree with the main take: the broader economy is a bigger cause of young people's job challenges than AI. #dataisbeautiful
bit.ly/4nTz1V4
bit.ly/4nTz1V4
Yes, today’s jobs market is tough for graduates – but AI ...
Figures show that while competition is tight, it’s the economy not tech that is the cause
bit.ly
September 29, 2025 at 4:22 PM
Pleased to have contributed to this timely, and thoughtful, article, by @barneymac.bsky.social at The Observer, on #AI and graduate #jobs. I agree with the main take: the broader economy is a bigger cause of young people's job challenges than AI. #dataisbeautiful
bit.ly/4nTz1V4
bit.ly/4nTz1V4
#AI has a trust problem. Luckily for those wanting to use it to power services, no-one has a solid definition of #AI. So, if you need to, just call it "software". Interesting ONS survey results here: bit.ly/3VyJgSK
September 23, 2025 at 9:05 AM
#AI has a trust problem. Luckily for those wanting to use it to power services, no-one has a solid definition of #AI. So, if you need to, just call it "software". Interesting ONS survey results here: bit.ly/3VyJgSK
What do you use #ChatGPT for? Work, life, both? Do you conform to your age/sex/job stereotype? What uses are you missing out on? I'm a heavy user, but how do people use it for "Greetings and chitchat"? Do enlighten me. Absolutely fascinating paper: bit.ly/4neZ9dn
#dataisbeautiful
#dataisbeautiful
September 22, 2025 at 9:15 AM
What do you use #ChatGPT for? Work, life, both? Do you conform to your age/sex/job stereotype? What uses are you missing out on? I'm a heavy user, but how do people use it for "Greetings and chitchat"? Do enlighten me. Absolutely fascinating paper: bit.ly/4neZ9dn
#dataisbeautiful
#dataisbeautiful
Knew it! A fascinating, balanced, read. "The big picture is that the benefits of sunlight outweigh the risks—provided you don’t get sunburnt.” [I wish they'd said more about benefits of sun even if you are wearing SPF50 -- does it still count/help? Helps my mood, for sure!]
bit.ly/4pxM00u
bit.ly/4pxM00u
The health benefits of sunlight may outweigh the risk of skin cancer
More sun might improve your heart and immune system. Just don’t get sunburnt
bit.ly
September 20, 2025 at 10:30 AM
Knew it! A fascinating, balanced, read. "The big picture is that the benefits of sunlight outweigh the risks—provided you don’t get sunburnt.” [I wish they'd said more about benefits of sun even if you are wearing SPF50 -- does it still count/help? Helps my mood, for sure!]
bit.ly/4pxM00u
bit.ly/4pxM00u
Enjoyed the wide-ranging (if early!) conversation with @felicityhannah.bsky.social, Lucy Coutts, and Michelle Laithwaite on BBC #WakeUpToMoney. Is the £150bn to be invested in the UK by US tech firms a big deal? I think we all agreed it was material and positive.
www.bbc.co.uk/sounds/play/...
www.bbc.co.uk/sounds/play/...
Wake Up to Money - Like a breeze - BBC Sounds
With President Trump's visit over, Felicity Hannah unpicks a flurry of CEOs and deals.
www.bbc.co.uk
September 19, 2025 at 3:48 PM
Enjoyed the wide-ranging (if early!) conversation with @felicityhannah.bsky.social, Lucy Coutts, and Michelle Laithwaite on BBC #WakeUpToMoney. Is the £150bn to be invested in the UK by US tech firms a big deal? I think we all agreed it was material and positive.
www.bbc.co.uk/sounds/play/...
www.bbc.co.uk/sounds/play/...
Wow, #NHS (and social care) #productivity has never been more important, as shown here by @theifs.bsky.social report bit.ly/4mhSzkN. A couple of good papers on this by @productivity.bsky.social, in comments. #NHSProductivityCommission #dataisbeautiful
September 19, 2025 at 12:04 PM
Wow, #NHS (and social care) #productivity has never been more important, as shown here by @theifs.bsky.social report bit.ly/4mhSzkN. A couple of good papers on this by @productivity.bsky.social, in comments. #NHSProductivityCommission #dataisbeautiful
Pleased to have contributed to this article on the cooling #labour #market (more complex than headlines about #AI or #vacancies suggest). Quit rates are down from around 1.3% to 0.8%, similar to pre-pandemic. Employers need to watch out for "quiet quitting" (see: bit.ly/3SUSrv3).
bit.ly/4gpJpS1
bit.ly/4gpJpS1
Workers cling to their jobs as ‘great resignation’ goes into reverse
Redundancy fears and rising competition for roles are killing off job-hopping
bit.ly
September 17, 2025 at 11:03 AM
Pleased to have contributed to this article on the cooling #labour #market (more complex than headlines about #AI or #vacancies suggest). Quit rates are down from around 1.3% to 0.8%, similar to pre-pandemic. Employers need to watch out for "quiet quitting" (see: bit.ly/3SUSrv3).
bit.ly/4gpJpS1
bit.ly/4gpJpS1
Should the BoE remain worried about still-high #wage #growth in the UK? Probably yes. But there is some good news (from an #inflation perspective): wages are moderating relatively strongly particularly in consumer-facing sectors that tend to drive inflation more. #dataisbeautiful
September 16, 2025 at 1:47 PM
Should the BoE remain worried about still-high #wage #growth in the UK? Probably yes. But there is some good news (from an #inflation perspective): wages are moderating relatively strongly particularly in consumer-facing sectors that tend to drive inflation more. #dataisbeautiful
Pleased to see that monthly #GDP got almost no coverage on Friday. Way more interesting are the long-term trends in, e.g., the sectoral statistics. This chart is one (important) illustration, when talking about things like #growth and #industrial strategy... #dataisbeautiful
September 15, 2025 at 7:25 PM
Pleased to see that monthly #GDP got almost no coverage on Friday. Way more interesting are the long-term trends in, e.g., the sectoral statistics. This chart is one (important) illustration, when talking about things like #growth and #industrial strategy... #dataisbeautiful
Fascinating report / sales pitch from Google on where #AI / agents are delivering ROI. 70% of executives claim they are seeing productivity improvements from #AI. How come we see nothing in national productivity stats? Aka 'read with caution'. #dataisbeautiful bit.ly/3JS3eFq
September 7, 2025 at 10:12 AM
Fascinating report / sales pitch from Google on where #AI / agents are delivering ROI. 70% of executives claim they are seeing productivity improvements from #AI. How come we see nothing in national productivity stats? Aka 'read with caution'. #dataisbeautiful bit.ly/3JS3eFq
Fascinating how little attention this data is getting: direct debit failure rates seem to be rising persistently, across all categories of payment. Is this a signal of increasing household financial distress or not really indicative of the big picture? Thoughts? #dataisbeautiful
September 4, 2025 at 10:09 AM
Fascinating how little attention this data is getting: direct debit failure rates seem to be rising persistently, across all categories of payment. Is this a signal of increasing household financial distress or not really indicative of the big picture? Thoughts? #dataisbeautiful
Really enjoyed joining #WakeUpToMoney with Will Bain, Rachel Carrel, and Sunil Krishnan. Does the late budget date mean a) interminable speculation or b) careful preparation? And how can the Chx make the budget pro #growth while still balancing the books? Listen here: www.bbc.co.uk/sounds/play/...
Wake Up to Money - Autumn Reeves - BBC Sounds
Will Bain assesses the impact a late Autumn budget will have on business and the economy.
www.bbc.co.uk
September 4, 2025 at 9:06 AM
Really enjoyed joining #WakeUpToMoney with Will Bain, Rachel Carrel, and Sunil Krishnan. Does the late budget date mean a) interminable speculation or b) careful preparation? And how can the Chx make the budget pro #growth while still balancing the books? Listen here: www.bbc.co.uk/sounds/play/...
Let's remember that the story on #AI taking young graduates' jobs is a lot more nuanced. Latest job ads data actually suggests a recovery across the board but, yes, slightly less so for typical young, graduate occupations. [Could be seasonality, too.] #dataisbeautiful
September 2, 2025 at 9:54 AM
Let's remember that the story on #AI taking young graduates' jobs is a lot more nuanced. Latest job ads data actually suggests a recovery across the board but, yes, slightly less so for typical young, graduate occupations. [Could be seasonality, too.] #dataisbeautiful
Reposted by Tera Allas CBE
‘Let us not risk getting trapped in the last war.’ My piece for @pbe.co.uk on why the wellbeing v GDP framing has run out of road
pbe.co.uk/insights/bey...
pbe.co.uk/insights/bey...
Beyond ‘beyond GDP’ | PBE
By Hetan Shah I was involved in some of the calls for improved measurement of wellbeing in the early 2000s. Two decades on, sometimes the debate feels like it has not moved on sufficiently from those ...
pbe.co.uk
September 1, 2025 at 5:48 AM
‘Let us not risk getting trapped in the last war.’ My piece for @pbe.co.uk on why the wellbeing v GDP framing has run out of road
pbe.co.uk/insights/bey...
pbe.co.uk/insights/bey...