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821477
registered interest false remove filter
date less than 2018-01-12more like thisremove minimum value filter
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Productivity more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the cost to the public purse of low productivity growth since 2010. more like this
tabling member constituency Bootle more like this
tabling member printed
Peter Dowd more like this
uin 122395 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-01-22more like thismore than 2018-01-22
answer text <p>Productivity growth has slowed globally since the financial crisis. The Government is closely monitoring the effects of this on the UK economy to guide policy. Since 2010 we have invested over half a trillion pounds in capital investment, cut taxes to support business investment and reformed technical education. The Autumn Budget sets out the next steps the government is taking to improve productivity. We are extending the National Productivity Investment Fund, increasing support for R&amp;D to its highest level in 30 years by 2021/22, transforming lifelong learning and responding to the Patient Capital Review that we commissioned.</p><p> </p> more like this
answering member constituency Newark more like this
answering member printed Robert Jenrick more like this
question first answered
less than 2018-01-22T15:50:55.257Zmore like thismore than 2018-01-22T15:50:55.257Z
answering member
4320
label Biography information for Robert Jenrick remove filter
tabling member
4397
label Biography information for Peter Dowd more like this