As I said before, not all inflation is equal, there’s a need to differentiate between types of inflation.
I don’t know how we have one of the lowest productivity levels in Europe, as most of the people I know work like dogs with very little reward to show for it. If they didn’t do the constant overtime they do, they’d only just cover their bills. Working 12 hour days just to have enough money for a holiday once a year seems obscene to me.
I know that the businesses I’ve worked at more recently have had people performing drudge work that would be low hanging fruit for automation, but that just removes jobs from the ecosystem. It possibly does explain low productivity levels compared to other nations however.
Edit: here’s a timely article showing the effects of stifling demand by keeping the workforce poor:
Record jump in number of firms in financial distress https://www.bbc.com/news/articles/c9vmrpdrk4eo
I suspect there is quite a gap between those who work very hard and are productive and those like train drivers that get higher and higher wages but refuse to modernise and in fact demand to work less hours for more money.
But also the answer is rarely working harder or longer hours but being more productive through the use of technology, machinery etc. This requires acceptance of change by the workforce (see trains) and investment by companies. The latter requires an economically competent chancellor to create the right environment for investment.Reeves has done the opposite.