The Guardian view on the productivity puzzle: blame low pay | Editorial

The head scratching over the failure to raise productivity is ignoring the real problem: cheap labour is a disincentive to investmentTheresa May originally wanted her purpose in power to be defined by improving the wellbeing of the less well-off. Despite all that has happened since, she has not, apparently, given up: with the gender pay gap in mind, at the weekend she pressed even those smaller firms not legally required to publish the difference between their male and female employees’ ea