Tera Allas CBE
@teraallas.bsky.social
As the debates for #Budget2025 reach their final crescendo, I challenge you to look at the chart below. It is data you almost never see or hear of, because it is highly inconvenient for most political persuasions. #dataisbeautiful
November 24, 2025 at 9:15 PM
As the debates for #Budget2025 reach their final crescendo, I challenge you to look at the chart below. It is data you almost never see or hear of, because it is highly inconvenient for most political persuasions. #dataisbeautiful
Consumer confidence fell again, to -19. Is the UK in a 'vibecession'? #GDP, disposable income and real wages have been growing, but consumers remain gloomy about the broader economy and, perhaps, the #Budget2025. #dataisbeautiful
November 21, 2025 at 4:41 PM
Consumer confidence fell again, to -19. Is the UK in a 'vibecession'? #GDP, disposable income and real wages have been growing, but consumers remain gloomy about the broader economy and, perhaps, the #Budget2025. #dataisbeautiful
Pleased to have contributed to this excellent Bloomberg article by Tom Rees and Irina Anghel. The data on the value of a university degree is confusing, but not after reading this. Plus we updated our analysis of #AI impact on job ads. bit.ly/4icuCuY #dataisbeautiful
November 21, 2025 at 2:39 PM
Pleased to have contributed to this excellent Bloomberg article by Tom Rees and Irina Anghel. The data on the value of a university degree is confusing, but not after reading this. Plus we updated our analysis of #AI impact on job ads. bit.ly/4icuCuY #dataisbeautiful
It's obvious that mental health impacts on workers' #productivity; it's also confirmed by data. Often the issues themselves are caused by work, and avoidable. Read our chapter on #wellbeing and productivity in "Reimagining Business Schools for the 21st Century" (bit.ly/4rtIMfB). #dataisbeautiful
November 21, 2025 at 12:01 PM
It's obvious that mental health impacts on workers' #productivity; it's also confirmed by data. Often the issues themselves are caused by work, and avoidable. Read our chapter on #wellbeing and productivity in "Reimagining Business Schools for the 21st Century" (bit.ly/4rtIMfB). #dataisbeautiful
NEW PODCAST - Will we get a productive #budget?
New episode of Productivity Puzzles looks at how the budget matters for #productivity and how productivity shapes the budget.
Great conversation with Bart van Ark (host), Louise Hellem (CBI) and Stephen Millard (NIESR)! Listen here: lnkd.in/e8dCVbKG
New episode of Productivity Puzzles looks at how the budget matters for #productivity and how productivity shapes the budget.
Great conversation with Bart van Ark (host), Louise Hellem (CBI) and Stephen Millard (NIESR)! Listen here: lnkd.in/e8dCVbKG
November 18, 2025 at 12:02 PM
NEW PODCAST - Will we get a productive #budget?
New episode of Productivity Puzzles looks at how the budget matters for #productivity and how productivity shapes the budget.
Great conversation with Bart van Ark (host), Louise Hellem (CBI) and Stephen Millard (NIESR)! Listen here: lnkd.in/e8dCVbKG
New episode of Productivity Puzzles looks at how the budget matters for #productivity and how productivity shapes the budget.
Great conversation with Bart van Ark (host), Louise Hellem (CBI) and Stephen Millard (NIESR)! Listen here: lnkd.in/e8dCVbKG
Why has #NHS #productivity underperformed? Same as the broader economy: lack of productive capital to support workers. Capital per worker declined by a massive 36% to 2020, probably more since.
#dataisbeautiful
#NHSProductivityCommission report: bit.ly/3WPxu76
UK's capital gap: bit.ly/455vGwe
#dataisbeautiful
#NHSProductivityCommission report: bit.ly/3WPxu76
UK's capital gap: bit.ly/455vGwe
November 18, 2025 at 11:50 AM
Why has #NHS #productivity underperformed? Same as the broader economy: lack of productive capital to support workers. Capital per worker declined by a massive 36% to 2020, probably more since.
#dataisbeautiful
#NHSProductivityCommission report: bit.ly/3WPxu76
UK's capital gap: bit.ly/455vGwe
#dataisbeautiful
#NHSProductivityCommission report: bit.ly/3WPxu76
UK's capital gap: bit.ly/455vGwe
Most organisations haven't yet reduced their workforce across the board due to #AI. However, more expect declines next year. That's why we don't yet see big #productivity gains but do see a slowdown in hiring. #dataisbeautiful
"State of AI": bit.ly/3LuVzh2
Effect on UK job market: bit.ly/450jtbv
"State of AI": bit.ly/3LuVzh2
Effect on UK job market: bit.ly/450jtbv
November 17, 2025 at 5:36 PM
Most organisations haven't yet reduced their workforce across the board due to #AI. However, more expect declines next year. That's why we don't yet see big #productivity gains but do see a slowdown in hiring. #dataisbeautiful
"State of AI": bit.ly/3LuVzh2
Effect on UK job market: bit.ly/450jtbv
"State of AI": bit.ly/3LuVzh2
Effect on UK job market: bit.ly/450jtbv
More striking stats from our #NHSProductivityCommission report (bit.ly/3WPxu76). UK hospital length of stay (a key #productivity indicator) increased hugely from 2019 to 2023. Hospital employment jumped by >15%. No wonder £ spent are not translating into better health outcomes. #dataisbeautiful
November 17, 2025 at 10:15 AM
More striking stats from our #NHSProductivityCommission report (bit.ly/3WPxu76). UK hospital length of stay (a key #productivity indicator) increased hugely from 2019 to 2023. Hospital employment jumped by >15%. No wonder £ spent are not translating into better health outcomes. #dataisbeautiful
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
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
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
#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
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
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
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
The biggest driver of the cost of living crisis has been housing and utilities costs. Intriguingly, these have increased most for the lowest and highest income deciles (U-shaped curve). Electricity and gas big for the lowest decile, mortgage interest for the highest. #dataisbeautiful
August 29, 2025 at 1:26 PM
The biggest driver of the cost of living crisis has been housing and utilities costs. Intriguingly, these have increased most for the lowest and highest income deciles (U-shaped curve). Electricity and gas big for the lowest decile, mortgage interest for the highest. #dataisbeautiful