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Productivity isn't how hard you work, but the value of what you produce so shuffling 'paper' around on a computer doesn't really have much value when you're comparing wealth to others. So what's the value of what you make, or what you make locally. Lots of the UK is comparable to the less affluent parts of Eastern Europe in terms of what's actually generated of value. Ergo your standard of living will slide back to match those , and if you live in an expensive country it will be painful. A lot of that is lack of investment especially by the Cameron government, but it's been dragging a while.
'They worked long hours too, though I'd question how productive they didn't always seem to work particularly hard compared to UK but I don't think you can over that many hours.' - I'd say that about the UK to be honest. Most of Europe works less hours, but produces more
Another "spike" tomorrow. Diesel up to...... $3.45 a litre. 91 will be 2.29.
Lucky our PM "slashed" our fuel excise down to 26c for three months... That's helped loads. Just not us motorists. Slashing 26c when fuel is a dollar more + than it was pre invasion....
Even our state Premier has moved from his place (35km) from the city to be, closer to the city due to traffic / fuel. Easy for some eh?