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390167
star this property registered interest false more like this
star this property date less than 2015-07-15more like thismore than 2015-07-15
star this property answering body
Department for Business, Innovation and Skills more like this
unstar this property answering dept id 26 more like this
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills 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, Innovation and Skills, what assessment he has made of the effect of zombie companies on national productivity; and if he will make a statement. more like this
star this property tabling member constituency Mid Sussex more like this
star this property tabling member printed
Sir Nicholas Soames more like this
star this property uin 7261 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 2015-07-23more like thismore than 2015-07-23
star this property answer text <p>Zombie companies are companies that are allowed by banks to delay repayment of a loan so that they effectively only pay the interest due rather than the full loan amount. Bank of England analysis of this ‘loan forbearance’ suggests that only a relatively small proportion of small businesses are in receipt of any form of forbearance (around 6% of SME borrowers in 2013). The Bank concludes that forbearance by banks on loans to small businesses would therefore appear to account for only a small proportion of the weakness in aggregate UK productivity. The Bank’s analysis was published in the Bank’s quarterly bulletin which can be found on the Bank of England’s website.</p> more like this
star this property answering member constituency Broxtowe more like this
star this property answering member printed Anna Soubry more like this
star this property question first answered
less than 2015-07-23T10:57:14.657Zmore like thismore than 2015-07-23T10:57:14.657Z
star this property answering member
3938
star this property label Biography information for Anna Soubry more like this
star this property tabling member
116
unstar this property label Biography information for Sir Nicholas Soames more like this
521944
star this property registered interest false more like this
star this property date less than 2016-05-26more like thismore than 2016-05-26
star this property answering body
Department for Business, Innovation and Skills more like this
unstar this property answering dept id 26 more like this
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills 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, Innovation and Skills, what comparative assessment he has made of productivity levels of workers aged under and over 25 in the (a) hospitality and (b) retail sectors; and what account is taken of such productivity data in determining the level of the National Minimum Wage. more like this
star this property tabling member constituency Halifax more like this
star this property tabling member printed
Holly Lynch more like this
star this property uin 38628 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 2016-06-06more like thismore than 2016-06-06
star this property answer text <p>While labour productivity statistics are estimated by sector, there are no official statistics estimating the productivity of workers by their age.</p><p> </p><p>The Low Pay Commission (LPC) recommends National Minimum Wage (NMW) rates to Government based on detailed consideration of the evidence on the economy (including productivity statistics), labour market and pay, as well as wide ranging consultation evidence. Earlier this year the Government accepted all of the LPC’s recommendations for the NMW rates that should come in to force in October this year for workers aged under 25.</p><p> </p> more like this
star this property answering member constituency Grantham and Stamford more like this
star this property answering member printed Nick Boles more like this
star this property question first answered
less than 2016-06-06T10:40:37.953Zmore like thismore than 2016-06-06T10:40:37.953Z
star this property answering member
3995
star this property label Biography information for Nick Boles more like this
star this property tabling member
4472
unstar this property label Biography information for Holly Lynch more like this
390168
star this property registered interest false more like this
star this property date less than 2015-07-15more like thismore than 2015-07-15
star this property answering body
Department for Business, Innovation and Skills more like this
unstar this property answering dept id 26 more like this
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills 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, Innovation and Skills, what assessment he has made of the effect of employee ownership on national productivity; and if he will make a statement. more like this
star this property tabling member constituency Mid Sussex more like this
star this property tabling member printed
Sir Nicholas Soames more like this
star this property uin 7262 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 2015-07-21more like thismore than 2015-07-21
star this property answer text <p>We are not aware of any studies into the link between employee ownership and national productivity. Research published in 2014 by the Employee Ownership Association showed that businesses with employee ownership (where employees have both a meaningful financial stake and a say in how the business is run) had a year-on-year increase in productivity of 4.5%.</p><p> </p><p>The Government worked closely with experts, including from the Employee Ownership Association, in delivering the 2012 Nuttall Recommendations to reduce barriers to increasing the number of employee ownership businesses. This work was completed in 2014.</p> more like this
star this property answering member constituency Broxtowe more like this
star this property answering member printed Anna Soubry more like this
star this property question first answered
less than 2015-07-21T14:32:07.13Zmore like thismore than 2015-07-21T14:32:07.13Z
star this property answering member
3938
star this property label Biography information for Anna Soubry more like this
star this property tabling member
116
unstar this property label Biography information for Sir Nicholas Soames more like this
885142
star this property registered interest false more like this
star this property date less than 2018-04-17more like thismore than 2018-04-17
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 discussions he has had with Cabinet colleagues on increasing productivity through the development and deployment of new technologies. more like this
star this property tabling member constituency South Basildon and East Thurrock more like this
star this property tabling member printed
Stephen Metcalfe more like this
star this property uin 904793 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 2018-04-17more like thismore than 2018-04-17
star this property answer text <p>Treasury ministers regularly discuss the opportunities of new technologies with Cabinet colleagues.</p><p> </p><p>To boost research into and development of new technologies, we have increased support for in R&amp;D to the highest level in 30 years (probably ever) through raising investment and increasing the main rate of R&amp;D tax credits.</p><p> </p><p>At Budget, we committed over £75 million to support the development and deployment of Artificial Intelligence in the UK, which has immense potential to increase productivity.</p> more like this
star this property answering member constituency Harrogate and Knaresborough more like this
star this property answering member printed Andrew Jones more like this
star this property question first answered
less than 2018-04-17T15:42:53.823Zmore like thismore than 2018-04-17T15:42:53.823Z
star this property answering member
3996
star this property label Biography information for Andrew Jones more like this
star this property tabling member
4092
unstar this property label Biography information for Stephen Metcalfe more like this
427014
star this property registered interest false more like this
star this property date less than 2015-11-09more like thismore than 2015-11-09
star this property answering body
HM 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 CaTreasury 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 Mr Chancellor of the Exchequer, what assessment he has made of the potential effect of increasing the provision of export finance in productivity. more like this
star this property tabling member constituency Feltham and Heston more like this
star this property tabling member printed
Seema Malhotra more like this
star this property uin 15551 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 2015-11-16more like thismore than 2015-11-16
star this property answer text <p>Trade increases UK productivity by allowing firms to specialise in sectors in which the UK has a comparative advantage, and through exposure to new ideas and international competition.</p> more like this
star this property answering member constituency Chelsea and Fulham more like this
star this property answering member printed Greg Hands more like this
star this property question first answered
less than 2015-11-16T16:02:26.74Zmore like thismore than 2015-11-16T16:02:26.74Z
star this property answering member
1526
star this property label Biography information for Greg Hands more like this
star this property tabling member
4253
unstar this property label Biography information for Seema Malhotra 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
521942
star this property registered interest false more like this
star this property date less than 2016-05-26more like thismore than 2016-05-26
star this property answering body
Department for Business, Innovation and Skills more like this
unstar this property answering dept id 26 more like this
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills 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, Innovation and Skills, how his Department assesses differences in productivity levels between workers aged under and over 25. more like this
star this property tabling member constituency Halifax more like this
star this property tabling member printed
Holly Lynch more like this
star this property uin 38627 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 2016-06-06more like thismore than 2016-06-06
star this property answer text <p>There are no official statistics estimating the productivity of workers by their age. Labour productivity as provided by the Office for National Statistics is only separately estimated by sector.</p><p> </p><p> </p><p> </p> more like this
star this property answering member constituency Broxtowe more like this
star this property answering member printed Anna Soubry more like this
star this property question first answered
less than 2016-06-06T12:44:10.717Zmore like thismore than 2016-06-06T12:44:10.717Z
star this property answering member
3938
star this property label Biography information for Anna Soubry more like this
star this property tabling member
4472
unstar this property label Biography information for Holly Lynch more like this
426480
star this property registered interest false more like this
star this property date less than 2015-11-05more like thismore than 2015-11-05
star this property answering body
HM 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 CaTreasury 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 Mr Chancellor of the Exchequer, with reference to paragraph 5 of his Department's document Fixing the foundations: creating a more prosperous nation, Cm9098, published in July 2015, what analysis his Department has made of the effects of changes to vehicle excise duty and the creation of a roads fund on UK productivity. more like this
star this property tabling member constituency Feltham and Heston more like this
star this property tabling member printed
Seema Malhotra more like this
star this property uin 15180 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 2015-11-10more like thismore than 2015-11-10
star this property answer text <p>The reform of VED announced at the Summer Budget delivers long-term revenue sustainability whilst simplifying the current system. This reform enabled the government to set up a Roads Fund, which from 2020-21 will provide the necessary funding for a high performing road network that is as efficient as possible. This is vital for efficient running of business and enabling connections to bigger markets and labour pools.</p> more like this
star this property answering member constituency East Hampshire more like this
star this property answering member printed Damian Hinds more like this
star this property question first answered
less than 2015-11-10T15:05:35.347Zmore like thismore than 2015-11-10T15:05:35.347Z
star this property answering member
3969
star this property label Biography information for Mr Damian Hinds more like this
star this property tabling member
4253
unstar this property label Biography information for Seema Malhotra 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
747620
star this property registered interest false more like this
star this property date less than 2017-07-03more like thismore than 2017-07-03
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 the Government is addressing the regional productivity gap in each region and constituent part of the UK. more like this
star this property tabling member constituency Stirling more like this
star this property tabling member printed
Stephen Kerr more like this
star this property uin 2585 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 2017-07-11more like thismore than 2017-07-11
star this property answer text <p>The objective of Government’s Industrial Strategy is to increase productivity and drive growth across the United Kingdom. We have provided a framework to build on the strengths of different places and address the factors that hold others back. This will include investing in key infrastructure projects, increasing skill levels, and backing local innovation strengths.</p><p>The Industrial Strategy will build on the £12 billion Local Growth Fund (2015-16 to 2020-21) for local areas; 8 Devolution Deals; and 48 Enterprise Zones that will unlock £2.7 billion of private sector investment. We have also agreed ambitious city deals in Scotland and Wales and we will work towards further such deals across the Devolved Administrations.</p> more like this
star this property answering member constituency Stourbridge more like this
star this property answering member printed Margot James more like this
star this property question first answered
less than 2017-07-11T15:16:49.33Zmore like thismore than 2017-07-11T15:16:49.33Z
star this property answering member
4115
star this property label Biography information for Margot James more like this
star this property tabling member
4604
unstar this property label Biography information for Stephen Kerr more like this