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Daily Record
Daily Record
National
Sean Murphy

Edinburgh named one of UK's most productive cities

Edinburgh has been named as one of the most productive cities in the UK.

With the pandemic leading to ‘The Great Resignation’, a term coined by Professor Anthony Klotz, which has left over 1.2 million job vacancies in the UK, an increase of over 400,000 from its pre-pandemic levels.

This has meant that the UK has opened up for those willing to travel around the country to find jobs where their time is worth more.

With that in mind, the team at The Hub Events have scoured through ONS data to discover how much your time is worth.

This was done by comparing the Gross Value Added (GVA) of each UK region. The GVA is an economic productivity metric that allows for easy comparison between how much value is added to the economy per hour worked.

Edinburgh was named as the top city in Scotland, and is the only entry in the top 10.

The most productive regions infographic (The Hub Events)

The only place outside of England to make it on the top 10 list, Edinburgh has the highest gross value added per employee of any city in the UK outside London and is one of the strongest economies outside of London.

This isn’t surprising as it has the highest percentage of professionals in the UK with 43% of the population holding a degree-level or professional qualification.

Unfortunately, that doesn’t translate into hours worked, where the GVA added per hour is £41.90.

The top 10 UK regions for productivity

Rank

Region

Average Gross Value Added

1

London

43.1

2

South West

37

3

Scotland

33.4

4

East of England

32.8

5

North West

31.0

6

North East

30.8

7

West Midlands

30.7

8

East Midlands

30.6

9

Yorkshire and the Humber

30

10

Wales

28.6

A spokesperson for The Hub Events said: "The UK workforce is moving towards productivity more and more.

"Businesses are looking for ways to ensure that employees have the right environment and pay to put out more work.

"Working less whilst earning more gives employees incentive to be advocates for their employees, to increase their work output, and to remain loyal to the business. It’s a win-win kind of deal!"

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