Business services are an increasingly significant part of the UK economy. And despite fears of jobs in certain key sectors like computer services being ѥxported' to low-cost locations in Asia, the numbers of jobs in business services in this country are growing. What's more, it's a sector where we have almost eliminated the notorious productivity gap with the United States, notably in two high-skilled sectors ֠computer services and professional services, which includes accountancy, advertising and law.
These are among the conclusions of a report published today by the Advanced Institute of Management Research (AIM) on trends in ѯffshoring' of business services and its impact on the UK economy.
Authors
Rachel Griffith
Rachel is Research Director and Professor at the University of Manchester. She was made a Dame for services to economic policy and education in 2021.
More from IFS
Understand this issue
Policy analysis
Academic research
