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So, white van man/your local gardener/etc?
Just curious who these people are. Also 100K per worker per year, hum, are we all being underpaid? ;)
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Productivity isn't a very good measure to assess the importance of local business. It's obviously less 'productive' on that reductive scale because it employs (sometimes far) more people. This is a good thing. Local business bring a lot of other benefits to those who work there and to a local area that this sort of measure largely ignores.
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What's interesting is seeing the differences between France and the UK in efficiency. Then looking at the difference between them in un/employment levels.
Also worth checking out the US studies on the "Walmart effect" - arguably a very efficient business model.
JWestland
Oliver Schick
hugo7
@hesa
Only now got round to digging up same data on this. Small businesses serving local markets are less productive.
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