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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
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
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
unstar this property answer
answer
unstar this property is ministerial correction false more like this
star 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
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
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
unstar this property answer
answer
unstar this property is ministerial correction false more like this
star 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
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
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
unstar this property answer
answer
unstar this property is ministerial correction false more like this
star 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
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
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
unstar this property answer
answer
unstar this property is ministerial correction false more like this
star 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
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
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
unstar this property answer
answer
unstar this property is ministerial correction false more like this
star 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
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 more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
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
unstar this property answer
answer
unstar this property is ministerial correction false more like this
star 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
star this property tabling member
4006
unstar this property label Biography information for Dr Matthew Offord more like this
776328
star this property registered interest false more like this
star this property date less than 2017-10-18more like thismore than 2017-10-18
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
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 steps his Department is taking to improve regional productivity. more like this
star this property tabling member constituency Warrington South more like this
star this property tabling member printed
Faisal Rashid more like this
star this property uin 901381 more like this
unstar this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2017-10-24more like thismore than 2017-10-24
star this property answer text <p>Increasing the productivity of every region in the UK is very important to the Government. We are committed to building a more balanced economy, by devolving powers and investing in every region.</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 2017-10-24T14:12:11Zmore like thismore than 2017-10-24T14:12:11Z
star this property answering member
3996
star this property label Biography information for Andrew Jones more like this
star this property tabling member
4670
unstar this property label Biography information for Faisal Rashid more like this
433311
star this property registered interest false more like this
star this property date less than 2015-11-25more like thismore than 2015-11-25
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
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 recent comparative assessment he has made of the rate of productivity in the UK and other G7 countries. more like this
star this property tabling member constituency Hyndburn more like this
star this property tabling member printed
Graham Jones more like this
star this property uin 902467 more like this
unstar this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2015-12-01more like thismore than 2015-12-01
star this property answer text <p>Output per hour grew 0.9 per cent in Q2 2015 and 0.5 per cent in Q3 but raising UK productivity is a long term challenge. The government published the productivity plan in July, created the National Infrastructure Commission in October and set out further measures in the Autumn Statement.</p> more like this
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property question first answered
less than 2015-12-01T17:50:50.873Zmore like thismore than 2015-12-01T17:50:50.873Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin more like this
star this property tabling member
3999
unstar this property label Biography information for Graham P Jones more like this
389709
star this property registered interest false more like this
star this property date less than 2015-07-14more like thismore than 2015-07-14
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
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 estimate he has made of the sustainable rate of productive potential in the UK economy. more like this
star this property tabling member constituency Ross, Skye and Lochaber more like this
star this property tabling member printed
Ian Blackford more like this
star this property uin 7048 more like this
unstar this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2015-07-21more like thismore than 2015-07-21
star this property answer text <p>In 2010 the government established the Office for Budget Responsibility (OBR) to provide independent and authoritative analysis of the UK’s public finances.</p><p> </p><p> </p><p> </p><p>The OBR forecast in July 2015 that potential productivity will grow by 1.4 per cent in 2015, 1.8 per cent in 2016, 2.0 per cent in 2017, 2.1 per cent in 2018 and 2.2 per cent thereafter.</p><p> </p> more like this
star this property answering member constituency West Worcestershire more like this
star this property answering member printed Harriett Baldwin more like this
star this property question first answered
less than 2015-07-21T14:41:07.903Zmore like thismore than 2015-07-21T14:41:07.903Z
star this property answering member
4107
star this property label Biography information for Harriett Baldwin more like this
star this property tabling member
4390
unstar this property label Biography information for Ian Blackford more like this
776324
star this property registered interest false more like this
star this property date less than 2017-10-18more like thismore than 2017-10-18
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury remove filter
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 plans the Government has to increase productivity. more like this
star this property tabling member constituency Stafford more like this
star this property tabling member printed
Jeremy Lefroy more like this
star this property uin 901377 more like this
unstar this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2017-10-24more like thismore than 2017-10-24
star this property answer text <p>Promoting productivity growth in the UK is at the forefront of the Government’s agenda. The Government is investing £23bn in a National Productivity Investment Fund targeted at building economic infrastructure and boosting innovation. We are also reforming technical education in the UK, providing over £0.5bn in additional investment every year to raise standards.</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 2017-10-24T14:21:33.057Zmore like thismore than 2017-10-24T14:21:33.057Z
star this property answering member
3996
star this property label Biography information for Andrew Jones more like this
star this property tabling member
4109
unstar this property label Biography information for Jeremy Lefroy more like this