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521944

	registered interest
	date	26/05/2016
	answering body	Department for Business, Innovation and Skills
	answering dept id	26
	answering dept short name	Business, Innovation and Skills
	answering dept sort name	Business, Innovation and Skills
	hansard heading	Productivity
	house id	1
	legislature	25259 pref label House of Commons
	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.
	tabling member constituency	Halifax
	tabling member printed	Holly Lynch
	uin	38628
	answer	answer is ministerial correction date of answer 06/06/2016 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> answering member constituency Grantham and Stamford answering member printed Nick Boles question first answered 06/06/2016 10:40:37 answering member 3995 label Biography information for Nick Boles
	tabling member	4472 label Biography information for Holly Lynch

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