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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 remove filter
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
star 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
unstar this property tabling member
1533
unstar this property label Biography information for Diana Johnson 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 remove filter
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
star 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
unstar this property tabling member
4006
unstar this property label Biography information for Dr Matthew Offord more like this
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 remove filter
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
star 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
unstar 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 remove filter
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
star 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
unstar 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 remove filter
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
star 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
unstar this property tabling member
1586
unstar this property label Biography information for Adam Afriyie 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 remove filter
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
star 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
unstar this property tabling member
4092
unstar this property label Biography information for Stephen Metcalfe more like this