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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
428754
star this property registered interest false more like this
star this property date less than 2015-11-17more like thismore than 2015-11-17
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 the document, Fixing the Foundations: Creating a more prosperous nation, Cm 9098, published in July 2015, if he will publish his Department's analysis linking changes to tax credits with increased productivity. more like this
star this property tabling member constituency Middlesbrough more like this
star this property tabling member printed
Andy McDonald more like this
star this property uin 16701 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 2015-11-20more like thismore than 2015-11-20
star this property answer text <p>The Paper, “Fixing the Foundations: creating a more prosperous economy” focuses not on the link between welfare reforms and productivity but instead on how ‘a productive economy must make the most of its labour force and effectively mobilise people into jobs’.</p><br /><p>This governments tax and welfare policies are supporting this end.</p> more like this
star this property answering member constituency South West Hertfordshire more like this
star this property answering member printed Mr David Gauke more like this
star this property question first answered
less than 2015-11-20T14:16:52.257Zmore like thismore than 2015-11-20T14:16:52.257Z
star this property answering member
1529
star this property label Biography information for Mr David Gauke more like this
star this property tabling member
4269
unstar this property label Biography information for Andy McDonald more like this
428756
star this property registered interest false more like this
star this property date less than 2015-11-17more like thismore than 2015-11-17
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 the document, Fixing the Foundations: Creating a more prosperous nation, Cm 9098, published in July 2015, if he will publish his Department's analysis linking the introduction of a Youth Obligation for 18 to 25 year olds on universal credit with increased productivity. more like this
star this property tabling member constituency Middlesbrough more like this
star this property tabling member printed
Andy McDonald more like this
star this property uin 16702 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 2015-11-20more like thismore than 2015-11-20
star this property answer text <p>The Government is introducing a Youth Obligation for 18-21s on Universal Credit, to help them into sustainable employment.</p><br /><p>From day 1 of their claim, young people will participate in an intensive support regime in return for their benefit. After 6 months, we will expect them to apply for an apprenticeship, traineeship, gain work-based skills, or go on a work placement.</p><br /><p>As set out in “Fixing the Foundations: Creating a more prosperous nation”, this is part of the Government’s plan for achieving full employment. The Government wants to ensure that young people are given the support, skills and experience to move into work, fulfil their potential and make a contribution to a productive economy.</p> more like this
star this property answering member constituency South West Hertfordshire more like this
star this property answering member printed Mr David Gauke more like this
star this property question first answered
less than 2015-11-20T14:15:24.767Zmore like thismore than 2015-11-20T14:15:24.767Z
star this property answering member
1529
star this property label Biography information for Mr David Gauke more like this
star this property tabling member
4269
unstar this property label Biography information for Andy McDonald more like this
723741
star this property registered interest false more like this
star this property date less than 2017-04-24more like thismore than 2017-04-24
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 the productivity of UK workers in comparison with workers in (1) other EU member states, and (2) the US. more like this
star this property tabling member printed
Baroness Kennedy of Cradley more like this
star this property uin HL6783 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 2017-04-26more like thismore than 2017-04-26
star this property answer text <p>The Office for National Statistics (ONS) produces comparisons of UK productivity with the G7 countries and some, but not all, EU member states. ONS statistics show output per hour worked in the UK was 15.9% below the average for the rest of the G7 advanced economies in 2015; 22.7% below that in France; 26.7% below Germany and 22.2% below the USA.</p><p>Please see attached tables for full details.</p> more like this
star this property answering member printed Lord Prior of Brampton more like this
star this property question first answered
less than 2017-04-26T13:40:47.96Zmore like thismore than 2017-04-26T13:40:47.96Z
star this property answering member
127
star this property label Biography information for Lord Prior of Brampton more like this
star this property attachment
1
star this property file name productivity-tables-HL6783.pdf more like this
star this property title Productivity statistics more like this
star this property tabling member
4303
unstar this property label Biography information for Baroness Kennedy of Cradley 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
786756
star this property registered interest false more like this
star this property date less than 2017-11-10more like thismore than 2017-11-10
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 he has made of the potential benefits to productivity of increased (a) use of artificial intelligence and (b) machine learning. more like this
star this property tabling member constituency Newcastle upon Tyne Central more like this
star this property tabling member printed
Chi Onwurah more like this
star this property uin 112442 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 2017-11-15more like thismore than 2017-11-15
star this property answer text <p>The earliest adopters of new technologies can gain a first-mover advantage, allowing them to reap rewards in terms of additional jobs and increased revenue.</p><p>Artificial intelligence and machine learning are distinct technologies. ‘AI’ describes where computers are able to perform tasks that normally require human intelligence, such as visual perception, decision-making and translation between languages; ‘machine learning’ comprises deeper learning where computers are able o learn without external programming, building on algorithms that can make predictions using data. However, for the purposes of identifying support for and development in the sector, it is useful to treat them as a group.</p><p>Government welcomes the independent review of Artificial Intelligence, “Growing the Artificial Intelligence Industry in the UK”, published on 15 October. The report highlights how AI can boost UK productivity, and has the potential to add £630 billion to the UK economy by 2035.</p><p>The Industrial Strategy Green Paper, published in January, also identified AI as a major, high-potential opportunity for the UK to build a word-leading future sector of our economy.</p>
star this property answering member constituency Devizes more like this
star this property answering member printed Claire Perry more like this
star this property question first answered
less than 2017-11-15T16:13:48.577Zmore like thismore than 2017-11-15T16:13:48.577Z
star this property answering member
3974
star this property label Biography information for Claire Perry more like this
star this property tabling member
4124
unstar this property label Biography information for Chi Onwurah more like this
795977
star this property registered interest false more like this
star this property date less than 2017-11-28more like thismore than 2017-11-28
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 productivity growth targets he has set for the Industrial Strategy over the course of the 2017 Parliament. more like this
star this property tabling member constituency Newcastle upon Tyne Central more like this
star this property tabling member printed
Chi Onwurah more like this
star this property uin 116287 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 2017-12-05more like thismore than 2017-12-05
star this property answer text <p>It was not considered appropriate to set productivity targets for the Industrial Strategy under the course of the present Parliament. As announced in the White Paper, the Industrial Strategy Council will be responsible for putting the right evaluation and reporting structures in place to assess progress.</p><p> </p> more like this
star this property answering member constituency Devizes more like this
star this property answering member printed Claire Perry more like this
star this property question first answered
less than 2017-12-05T11:26:36.253Zmore like thismore than 2017-12-05T11:26:36.253Z
star this property answering member
3974
star this property label Biography information for Claire Perry more like this
star this property previous answer version
26541
star this property answering member constituency Devizes more like this
star this property answering member printed Claire Perry more like this
star this property answering member
3974
star this property label Biography information for Claire Perry more like this
star this property tabling member
4124
unstar this property label Biography information for Chi Onwurah more like this