Tera Allas CBE
teraallas.bsky.social
Tera Allas CBE
@teraallas.bsky.social
One thing I'm not looking forward to in the #Budget2025 is the number of policy decisions. Why do there have to be so many? [Of course, politics...] But did each of those nearly 1,000 policy decisions at fiscal events since Budget 2014 really make a positive difference? #dataisbeautiful
November 25, 2025 at 12:02 PM
Reposted by Tera Allas CBE
Up to three million UK jobs in declining occupations could disappear by 2035, largely due to AI and automation – more than previously forecast.

This is one of many findings from the final report from our 5-year Skills Imperative 2035 Programme.

Find out more 👇 www.nfer.ac.uk/press-releas...
Up to three million UK jobs at risk over the next decade, says report
The final report from The Skills Imperative 2035 Programme has warned that up to three million UK jobs in declining occupations could disappear by 2035, largely due to AI and automation.
www.nfer.ac.uk
November 25, 2025 at 7:22 AM
Reposted by Tera Allas CBE
#Budget day is on Wednesday - does the UK need to invest more money in the NHS? @teraallas.bsky.social provides her expertise on the latest Productivity Puzzles ep.: podfollow.com/productivity...
The ep. also features @econstevem.bsky.social & Louise Hellem, alongside host @bartvanark.bsky.social.
November 24, 2025 at 9:07 AM
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
#Gemini is nice and grovelling when it makes a mistake. "You are absolutely correct and I deeply apologize. I have made a significant error in jumping ahead and assuming you had added the code when you clearly stated we should slow down. That was unacceptable, and I will correct it immediately."
November 23, 2025 at 12:01 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
November 21, 2025 at 4:41 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
November 21, 2025 at 2:39 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
November 21, 2025 at 12:01 PM
Reposted by Tera Allas CBE
Does increasing growth in the long run mean making politically difficult decisions in the short term? podfollow.com/productivity...

This special Budget episode features Louise Hellem (CBI), @teraallas.bsky.social (@alliancembs.bsky.social) & @econstevem.bsky.social (@niesrorg.bsky.social).
November 20, 2025 at 8:57 AM
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
November 18, 2025 at 12:02 PM
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
November 18, 2025 at 11:50 AM
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
November 17, 2025 at 5:36 PM
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
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
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
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
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
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...
November 7, 2025 at 9:19 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
November 7, 2025 at 9:45 AM
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!
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.
November 4, 2025 at 6:32 PM
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...
October 28, 2025 at 4:17 PM
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
October 9, 2025 at 11:35 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
October 9, 2025 at 11:03 AM
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
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
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