Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed grouped question UIN question first answered answering member label
tabling member	label

Search

1064051

	registered interest
	date	19/02/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Productivity
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what steps he has taken to increase the productivity of the UK economy.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	223249
	answer	answer is ministerial correction date of answer 22/02/2019 answer text <p>Autumn Budget announced the next steps we are taking to boost productivity. This includes increasing the National Productivity Investment Fund to more than £37bn to fund important investments in our infrastructure. We are also setting up the National Roads Fund which will provide vital improvements to our road network, piloting new approaches to rural fibre rollout, and supporting new technologies such as artificial intelligence.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 22/02/2019 13:43:02 answering member 4320 label Biography information for Robert Jenrick
	tabling member	1586 label Biography information for Adam Afriyie

1064082

	registered interest
	date	19/02/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Productivity
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment he has made of recent trends in economic productivity in the UK.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	223482
	answer	answer is ministerial correction date of answer 22/02/2019 answer text <p>The only sustainable way to raise wages, boost living standards, and increase growth is to boost UK productivity.</p><p> </p><p>Since 2010 we have provided over half a trillion pounds in capital investment, increased investment in skills, and reduced taxes for businesses. At the Autumn Budget, we took further action to increase productivity.</p><p> </p><p>Productivity grew by 0.2% in the last quarter (Q4 2018) and is now 1.9% above its pre-crisis peak. Slow productivity growth since the crisis has not been a phenomenon exclusive to the UK, but across the G7.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 22/02/2019 13:45:12 answering member 4320 label Biography information for Robert Jenrick
	tabling member	1586 label Biography information for Adam Afriyie

1064083

	registered interest
	date	19/02/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Productivity
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what proportion of productivity growth in the last five years can be attributed to financial technology.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	223494
	answer	answer is ministerial correction date of answer 27/02/2019 answer text <p>The government has not made an assessment of the proportion of productivity growth in the last five years that is attributable to financial technology.</p><p> </p><p>However, the Government has taken significant steps to increase competition in financial services, including creating an environment in which Fintech firms can grow and compete with incumbents. The Competition and Market Authority has led the Open Banking initiative, bringing more competition and innovation to financial services. The FCA has also established the Innovation Hub and Regulatory Sandbox to support Fintech, both of which are held up as global examples of best practice. Further information on the Government’s efforts to promote FinTech can be found in the FinTech Sector Strategy, published in March 2018.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 27/02/2019 16:00:31 answering member 4320 label Biography information for Robert Jenrick
	tabling member	1586 label Biography information for Adam Afriyie

1127722

	registered interest
	date	21/05/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Productivity
	house id	1
	legislature	25259 pref label House of Commons
	question text	What fiscal steps his Department is taking to increase regional productivity.
	tabling member constituency	Kingston upon Hull North
	tabling member printed	Diana Johnson
	uin	911025
	answer	answer is ministerial correction date of answer 21/05/2019 answer text <p>The Government is investing in every region to drive jobs and growth, with 3.5 million more people in work since 2010. <br></p><p>Investments include the £2.5bn Transforming Cities Fund and the Local Growth Fund which has invested over £12bn since 2015, including £141m in the Humber Local Enterprise Partnership.</p><p> </p><p>Over 60% of jobs have been created since 2010 have been in regions outside London and the South East.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 21/05/2019 13:46:00 answering member 4320 label Biography information for Robert Jenrick
	tabling member	1533 label Biography information for Dame Diana Johnson

1177680

	registered interest
	date	11/02/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Productivity
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, with reference to the findings of the Industrial Strategy Council's research paper, UK Regional Productivity Differences: An Evidence Review, published in February 2020, what steps he is taking to tackle the UK's regional productivity gap.
	tabling member constituency	Barnsley Central
	tabling member printed	Dan Jarvis
	uin	540
	answer	answer is ministerial correction date of answer 24/02/2020 answer text <p>So far, we have announced a £5bn package of investment for buses and cycling, opened up a consultation on Freeports, and we’ve confirmed that we will proceed with HS2 to deliver essential North-South connectivity, greater capacity, and shorter journey times. We will also continue to deliver on our ambitious levelling up agenda, including through the upcoming Budget.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay grouped question UIN 541 question first answered 24/02/2020 17:32:55 answering member 4095 label Biography information for Steve Barclay
	tabling member	4243 label Biography information for Dan Jarvis

1177681

	registered interest
	date	11/02/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Productivity
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what fiscal steps he is taking to ensure long-term equity of national productivity throughout the UK.
	tabling member constituency	Barnsley Central
	tabling member printed	Dan Jarvis
	uin	541
	answer	answer is ministerial correction date of answer 24/02/2020 answer text <p>So far, we have announced a £5bn package of investment for buses and cycling, opened up a consultation on Freeports, and we’ve confirmed that we will proceed with HS2 to deliver essential North-South connectivity, greater capacity, and shorter journey times. We will also continue to deliver on our ambitious levelling up agenda, including through the upcoming Budget.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay grouped question UIN 540 question first answered 24/02/2020 17:32:55 answering member 4095 label Biography information for Steve Barclay
	tabling member	4243 label Biography information for Dan Jarvis

1122001

	registered interest
	date	18/04/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Productivity
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what estimate he has made of the level of increased productivity in the economy.
	tabling member constituency	Hendon
	tabling member printed	Dr Matthew Offord
	uin	245761
	answer	answer is ministerial correction date of answer 30/04/2019 answer text <p>In the long run, the only way to ensure sustainable growth, higher wages and increases in living standards is through raising productivity. The latest data showing an increase in the level of productivity is welcome, however productivity growth remains a key challenge.</p><p> </p><p>The government is tackling this challenge head on; investing over half a trillion pounds in capital investment, cutting taxes for businesses, improving access to finance, increasing the National Productivity Investment Fund to £37bn at Budget 2018 and committing to reform technical education, such as the introduction of T-levels.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 30/04/2019 07:46:33 answering member 4320 label Biography information for Robert Jenrick
	tabling member	4006 label Biography information for Dr Matthew Offord

1177518

	registered interest
	date	10/02/2020
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Productivity
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment he has made of trends in the level of UK productivity between 2009 and 2019.
	tabling member constituency	East Londonderry
	tabling member printed	Mr Gregory Campbell
	uin	14629
	answer	answer is ministerial correction date of answer 13/02/2020 answer text <p>Labour productivity in the UK is just 2.4% above its pre-crisis peak. Productivity growth has slowed globally since the crisis but in the UK this slowdown has been more pronounced - across the G7 productivity growth has slowed from 1.9% per year in the decade to 2007 to just 0.8% since. In the UK, by comparison, it has fallen from 2.3% pre crisis to 0.3% since. To level up growth we will continue to invest responsibly including increased investment in infrastructure - connecting the country and businesses by road, rail and broadband and committing to our target of 2.4% of GDP being spend on R&amp;D. We will also continue to invest in people – our greatest asset – levelling up skills and opportunity by creating a new national skills fund.</p> answering member constituency Middlesbrough South and East Cleveland answering member printed Mr Simon Clarke question first answered 13/02/2020 12:41:57 answering member 4655 label Biography information for Sir Simon Clarke
	tabling member	1409 label Biography information for Mr Gregory Campbell

1148150

	registered interest
	date	03/10/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Productivity
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what proportion of productivity growth can be attributed to financial technology in the last five years.
	tabling member constituency	Woking
	tabling member printed	Mr Jonathan Lord
	uin	294159
	answer	answer is ministerial correction date of answer 08/10/2019 answer text <p>The government has not made an assessment of the proportion of productivity growth in the last five years that is attributable to financial technology.</p><p> </p><p>However, the Government has taken significant steps to increase competition in financial services, including creating an environment in which Fintech firms can grow and compete with incumbents. The Competition and Market Authority has led the Open Banking initiative, bringing more competition and innovation to financial services. The FCA has also established the Innovation Hub and Regulatory Sandbox to support Fintech, both of which are held up as global examples of best practice. Further information on the Government’s efforts to promote Fintech can be found in the Fintech Sector Strategy, published in March 2018.</p> answering member constituency Middlesbrough South and East Cleveland answering member printed Mr Simon Clarke question first answered 08/10/2019 07:55:59 answering member 4655 label Biography information for Sir Simon Clarke
	tabling member	4090 label Biography information for Mr Jonathan Lord

1657768

	registered interest
	date	04/09/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Productivity
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what fiscal steps he is taking to improve productivity.
	tabling member constituency	Slough
	tabling member printed	Mr Tanmanjeet Singh Dhesi
	uin	197498
	answer	answer is ministerial correction date of answer 12/09/2023 answer text <p>The Chancellor has outlined his plans to boost private sector productivity and long-term economic growth with a package of measures under the ‘four Es’ of economic growth: Employment, Enterprise, Education, and Everywhere.</p><p> </p><p>The Government has introduced several fiscal measures to increase productivity. For example, we have introduced full expensing – giving the UK the most generous capital allowances regime in the OECD on a Net Present Value basis to increase business investment and boost labour productivity. We increased the R&amp;D Expenditure Credit relief rate to 20% – the joint highest uncapped headline rate of R&amp;D tax relief in the G7 for large companies.</p><p> </p><p>We are supporting our world leading green industries. For example, up to £20bn of funding has been provided for Carbon Capture, Utilisation and Storage, and we are working with investors through our Automotive Transformation Fund to build a globally competitive electric vehicle supply chain in the UK. Furthermore, the Investment Zones programme will catalyse 12 high potential knowledge-intensive growth clusters across the UK.</p><p> </p><p>We are also ensuring our labour market is more productive through our investment in skills and the Chief Secretary is currently leading a programme across government to identify the most ambitious ways to improve productivity in the public sector.</p><p>.</p> answering member constituency Grantham and Stamford answering member printed Gareth Davies question first answered 12/09/2023 12:36:54 answering member 4850 label Biography information for Gareth Davies
	tabling member	4638 label Biography information for Mr Tanmanjeet Singh Dhesi