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business · Morning Wire
“Europe faces an annual investment bill of €1.2 trillion over the next five years if it wants to close a widening productivity gap with the United States”
1.2 trillion euros
-
tech · Morning Wire
“US companies have ploughed $2 trillion more into digital technologies than their European rivals over the past five years”
2 trillion dollars
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finance · Morning Wire
“leaving the continent's largest firms with revenue growth 1.8 times slower and market capitalisation 3.1 times smaller between 2015 and 2024”
1.8
3.1
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business · Morning Wire
“The productivity shortfall reached 33 per cent in 2023.”
33
-
business · Morning Wire
“While the US averaged 2.1 per cent annual productivity growth from 2018 to 2025, Germany managed 0.7 per cent, the UK 0.6 per cent and France just 0.2 per cent.”
2.1
0.7
0.6
-
business · Morning Wire
“France has shown a rebound over the past two years, with 90 per cent of its productivity gains linked to business expansion rather than cost-cutting, compared with a 60 per cent average elsewhere.”
90
60
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business · Morning Wire
“Those gains are concentrated in 53 top-performing companies across luxury goods, telecommunications and insurance.”
53
-
business · Morning Wire
“17 per cent of today's largest US firms were SMEs in 2000, against 10 per cent in Germany and 5 per cent in Italy.”
17
10
5
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tech · Morning Wire
“McKinsey identifies 18 high-growth sectors, from artificial intelligence and cloud computing to next-generation nuclear, robotics and biotech, that already generate $4 trillion in revenue and are exp…”
18
4 trillion dollars
10
-
tech · Morning Wire
“Europe holds just 8 per cent of the global market share in these areas.”
8
-
tech · Morning Wire
“accelerating generative AI adoption, which combined with other automation could add up to 3.4 percentage points to annual global productivity growth by 2040.”
3.4 percentage points
