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1064051
star this property registered interest false more like this
star this property date less than 2019-02-19more like thismore than 2019-02-19
star this property answering body
Treasury more like this
unstar this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Productivity remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what steps he has taken to increase the productivity of the UK economy. more like this
star this property tabling member constituency Windsor more like this
star this property tabling member printed
Adam Afriyie more like this
star this property uin 223249 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-02-22more like thismore than 2019-02-22
star this property 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> more like this
star this property answering member constituency Newark more like this
star this property answering member printed Robert Jenrick more like this
star this property question first answered
less than 2019-02-22T13:43:02.483Zmore like thismore than 2019-02-22T13:43:02.483Z
star this property answering member
4320
star this property label Biography information for Robert Jenrick more like this
star this property tabling member
1586
unstar this property label Biography information for Adam Afriyie more like this
1064082
star this property registered interest false more like this
star this property date less than 2019-02-19more like thismore than 2019-02-19
star this property answering body
Treasury more like this
unstar this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Productivity remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what assessment he has made of recent trends in economic productivity in the UK. more like this
star this property tabling member constituency Windsor more like this
star this property tabling member printed
Adam Afriyie more like this
star this property uin 223482 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-02-22more like thismore than 2019-02-22
star this property 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> more like this
star this property answering member constituency Newark more like this
star this property answering member printed Robert Jenrick more like this
star this property question first answered
less than 2019-02-22T13:45:12.233Zmore like thismore than 2019-02-22T13:45:12.233Z
star this property answering member
4320
star this property label Biography information for Robert Jenrick more like this
star this property tabling member
1586
unstar this property label Biography information for Adam Afriyie more like this
1064083
star this property registered interest false more like this
star this property date less than 2019-02-19more like thismore than 2019-02-19
star this property answering body
Treasury more like this
unstar this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Productivity remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property 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. more like this
star this property tabling member constituency Windsor more like this
star this property tabling member printed
Adam Afriyie more like this
star this property uin 223494 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-02-27more like thismore than 2019-02-27
star this property 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> more like this
star this property answering member constituency Newark more like this
star this property answering member printed Robert Jenrick more like this
star this property question first answered
less than 2019-02-27T16:00:31.89Zmore like thismore than 2019-02-27T16:00:31.89Z
star this property answering member
4320
star this property label Biography information for Robert Jenrick more like this
star this property tabling member
1586
unstar this property label Biography information for Adam Afriyie more like this
1122001
star this property registered interest false more like this
star this property date less than 2019-04-18more like thismore than 2019-04-18
star this property answering body
Treasury more like this
unstar this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Productivity remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what estimate he has made of the level of increased productivity in the economy. more like this
star this property tabling member constituency Hendon more like this
star this property tabling member printed
Dr Matthew Offord more like this
star this property uin 245761 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-04-30more like thismore than 2019-04-30
star this property 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> more like this
star this property answering member constituency Newark more like this
star this property answering member printed Robert Jenrick more like this
star this property question first answered
less than 2019-04-30T07:46:33.35Zmore like thismore than 2019-04-30T07:46:33.35Z
star this property answering member
4320
star this property label Biography information for Robert Jenrick more like this
star this property tabling member
4006
unstar this property label Biography information for Dr Matthew Offord more like this
1127722
star this property registered interest false more like this
star this property date less than 2019-05-21more like thismore than 2019-05-21
star this property answering body
Treasury more like this
unstar this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Productivity remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text What fiscal steps his Department is taking to increase regional productivity. more like this
star this property tabling member constituency Kingston upon Hull North more like this
star this property tabling member printed
Diana Johnson more like this
star this property uin 911025 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-05-21more like thismore than 2019-05-21
star this property 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> more like this
star this property answering member constituency Newark more like this
star this property answering member printed Robert Jenrick more like this
star this property question first answered
less than 2019-05-21T13:46:00.197Zmore like thismore than 2019-05-21T13:46:00.197Z
star this property answering member
4320
star this property label Biography information for Robert Jenrick more like this
star this property tabling member
1533
unstar this property label Biography information for Diana Johnson more like this
846288
star this property registered interest false more like this
star this property date less than 2018-02-21more like thisremove minimum value filter
star this property answering body
Cabinet Office more like this
unstar this property answering dept id 53 more like this
star this property answering dept short name Cabinet Office more like this
star this property answering dept sort name Cabinet Office more like this
star this property hansard heading Productivity remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Minister for the Cabinet Office, if he will discuss with Cabinet colleagues the potential use by government departments of the what3words geocoding addressing system to improve departmental efficiency. more like this
star this property tabling member constituency Easington more like this
star this property tabling member printed
Grahame Morris more like this
star this property uin 128957 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2018-03-20more like thismore than 2018-03-20
star this property answer text <p>Cabinet Office is not currently reviewing what3words for use by departments. However government does monitor emerging technologies and approaches across private and public sectors, looking to trial, adopt and scale innovation where beneficial and appropriate.</p> more like this
star this property answering member constituency Hertsmere more like this
star this property answering member printed Oliver Dowden more like this
star this property question first answered
less than 2018-03-20T11:27:12.937Zmore like thismore than 2018-03-20T11:27:12.937Z
star this property answering member
4441
star this property label Biography information for Oliver Dowden more like this
star this property tabling member
3973
unstar this property label Biography information for Grahame Morris more like this
1143174
star this property registered interest false more like this
star this property date less than 2019-09-02more like thismore than 2019-09-02
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
unstar this property answering dept id 201 more like this
star this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Productivity remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Energy and Industrial Strategy, how many of the commitments agreed in each sector deal have (a) been met in full, (b) been met in part and (c) not been met. more like this
star this property tabling member constituency Birkenhead more like this
star this property tabling member printed
Frank Field more like this
star this property uin 284590 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-09-09more like thismore than 2019-09-09
star this property answer text <p>It has not proved possible to respond to the Rt hon. Member in the time available before Prorogation.</p> more like this
star this property answering member constituency Stratford-on-Avon more like this
star this property answering member printed Nadhim Zahawi more like this
star this property question first answered
less than 2019-09-09T16:48:19.127Zmore like thismore than 2019-09-09T16:48:19.127Z
star this property answering member
4113
star this property label Biography information for Nadhim Zahawi more like this
star this property tabling member
478
unstar this property label Biography information for Frank Field more like this
846286
star this property registered interest false more like this
star this property date less than 2018-02-21more like thisremove minimum value filter
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
unstar this property answering dept id 201 more like this
star this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Productivity remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the potential effect of the what3words geocoding addressing system for improving productivity in the UK. more like this
star this property tabling member constituency Easington more like this
star this property tabling member printed
Grahame Morris more like this
star this property uin 128955 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2018-02-26more like thismore than 2018-02-26
star this property answer text <p>The Department is aware of a number of new addressing systems (such as what3words) and the huge economic opportunities offered by geospatial data in general. The Industrial Strategy sets out the Government’s commitment to putting the UK at the forefront of the data revolution. In support of this the Government announced in the Autumn Budget that it will establish a Geospatial Commission whose focus will be to unlock the economic opportunities of geospatial data to support the growth of the UK Digital Economy.</p> more like this
star this property answering member constituency East Surrey more like this
star this property answering member printed Mr Sam Gyimah more like this
star this property question first answered
less than 2018-02-26T15:33:55.76Zmore like thismore than 2018-02-26T15:33:55.76Z
star this property answering member
3980
star this property label Biography information for Mr Sam Gyimah more like this
star this property tabling member
3973
unstar this property label Biography information for Grahame Morris more like this
1023634
star this property registered interest false more like this
star this property date less than 2018-12-11more like thismore than 2018-12-11
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
unstar this property answering dept id 201 more like this
star this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Productivity remove filter
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what were the annual growth rates of labour productivity in each year since 2000; and what rates they forecast for each year to 2022. more like this
star this property tabling member printed
Baroness Neville-Rolfe more like this
star this property uin HL12191 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2018-12-19more like thismore than 2018-12-19
star this property answer text <p><strong>Growth in labour productivity, 2000 – 2022</strong></p><table><tbody><tr><td><p><strong>Year </strong> <strong>(</strong><sup>f</sup><strong> – forecast)</strong></p></td><td><p><strong>Output per hour worked, % change on previous year, seasonally adjusted</strong></p></td></tr><tr><td><p>2000</p></td><td><p>3.2</p></td></tr><tr><td><p>2001</p></td><td><p>1.5</p></td></tr><tr><td><p>2002</p></td><td><p>2.4</p></td></tr><tr><td><p>2003</p></td><td><p>2.9</p></td></tr><tr><td><p>2004</p></td><td><p>1.2</p></td></tr><tr><td><p>2005</p></td><td><p>2.0</p></td></tr><tr><td><p>2006</p></td><td><p>1.8</p></td></tr><tr><td><p>2007</p></td><td><p>1.5</p></td></tr><tr><td><p>2008</p></td><td><p>-0.6</p></td></tr><tr><td><p>2009</p></td><td><p>-1.5</p></td></tr><tr><td><p>2010</p></td><td><p>1.3</p></td></tr><tr><td><p>2011</p></td><td><p>1.1</p></td></tr><tr><td><p>2012</p></td><td><p>-0.7</p></td></tr><tr><td><p>2013</p></td><td><p>-0.4</p></td></tr><tr><td><p>2014</p></td><td><p>0.6</p></td></tr><tr><td><p>2015</p></td><td><p>1.0</p></td></tr><tr><td><p>2016</p></td><td><p>0.5</p></td></tr><tr><td><p>2017</p></td><td><p>0.8</p></td></tr><tr><td><p>2018<sup>f</sup></p></td><td><p>0.8</p></td></tr><tr><td><p>2019<sup>f</sup></p></td><td><p>0.8</p></td></tr><tr><td><p>2020<sup>f</sup></p></td><td><p>0.9</p></td></tr><tr><td><p>2021<sup>f</sup></p></td><td><p>1.0</p></td></tr><tr><td><p>2022<sup>f</sup></p></td><td><p>1.1</p></td></tr></tbody></table><ul><li>The table presents past and projected annual growth rates of UK labour productivity defined as output per hour worked.</li><li>The growth rates for the period 2000 to 2017 were obtained from the ONS (Labour productivity time series (PRDY), UK<em> Whole Economy: Output per hour worked % change per annum SA</em>, released 5th October 2018, <a href="https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/labourproductivity/timeseries/lzvd/prdy" target="_blank">link</a>)</li><li>The projected future growth rates (2018 – 2022) were published by the Office for Budget Responsibility in the <em>Economic and Fiscal Outlook – October 2018</em> (page 87, Table 3.10 Detailed summary forecast, <a href="https://obr.uk/efo/economic-fiscal-outlook-october-2018/" target="_blank">link</a>)</li></ul>
star this property answering member printed Lord Henley more like this
star this property question first answered
less than 2018-12-19T12:53:16.093Zmore like thismore than 2018-12-19T12:53:16.093Z
star this property answering member
2616
star this property label Biography information for Lord Henley more like this
star this property tabling member
4284
unstar this property label Biography information for Baroness Neville-Rolfe more like this
1023636
star this property registered interest false more like this
star this property date less than 2018-12-11more like thismore than 2018-12-11
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
unstar this property answering dept id 201 more like this
star this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Productivity remove filter
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what assessment they have made of analysis by the Organisation for Economic Co-operation and Development that the productivity gap between the UK and other developed countries is less than previously thought. more like this
star this property tabling member printed
Baroness Neville-Rolfe more like this
star this property uin HL12192 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2018-12-19more like thismore than 2018-12-19
star this property answer text <p>This analysis is a welcome initiative by the OECD to improve the international comparability of productivity statistics. It was initiated in response to a request from the ONS to examine how different countries go about measuring total hours worked (which are required to calculate output per hour worked).</p><p> </p><p>When calculating labour productivity there is a trade-off between using the best available data sourced from different countries’ national accounts, or data compiled on the most consistent basis. The OECD research finds that while for many countries this choice makes a minor difference, for the UK it has a larger effect and improves our performance relative to other countries.</p><p> </p><p>The ONS is examining how best to incorporate these findings into their international comparisons of labour productivity and plans to publish an article on this in January 2019; including more detailed breakdowns of how the UK compares with other developed countries on a more consistent basis.</p>
star this property answering member printed Lord Henley more like this
star this property question first answered
less than 2018-12-19T12:53:54.833Zmore like thismore than 2018-12-19T12:53:54.833Z
star this property answering member
2616
star this property label Biography information for Lord Henley more like this
star this property tabling member
4284
unstar this property label Biography information for Baroness Neville-Rolfe more like this