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425628
registered interest false more like this
date remove maximum value filtermore like thismore than 2015-11-03
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 remove filter
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 he has made of the effects (a) to date and (b) in the future of the institutes of technology on UK productivity. more like this
tabling member constituency Feltham and Heston more like this
tabling member printed
Seema Malhotra more like this
uin 14606 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-11-06more like thismore than 2015-11-06
answer text <ol><li>This government’s Productivity Plan responds to the UK's long-standing productivity gap compared to other some countries. The Institutes of Technology will seek to improve the UK’s performance on intermediate professional and technical skills. It will focus on the higher level skills employers demand, and will provide high-standard provision at levels 3, 4 and 5 – as part of a transformed skills system which is better able to meet local economic needs.</li></ol><br /> more like this
answering member constituency Chelsea and Fulham more like this
answering member printed Greg Hands more like this
question first answered
less than 2015-11-06T14:59:09.487Zmore like thismore than 2015-11-06T14:59:09.487Z
answering member
1526
label Biography information for Greg Hands more like this
tabling member
4253
label Biography information for Seema Malhotra more like this
420564
registered interest false more like this
date less than 2015-10-12more like thismore than 2015-10-12
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Productivity remove filter
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty’s Government, in the light of figures from the Office for National Statistics on the United Kingdom's productivity as compared to other G7 countries, what steps are being taken to increase productivity. more like this
tabling member printed
Lord Taylor of Warwick more like this
uin HL2539 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-10-23more like thismore than 2015-10-23
answer text <p>Closing the productivity gap represents a real opportunity for the UK to raise its living standards. In July the Chancellor published “Fixing the Foundations: Creating a more prosperous nation”. This report outlines a number of policies designed to improve UK productivity over the course of this parliament.</p><br /><p>Key new measures in the government’s productivity plan include:</p><br /><ul><li>A <strong>reformed planning system</strong>, with streamlined ‘zonal’ system for brownfield sites, and measures to ensure more land is made available for house building;</li></ul><br /><ul><li><strong>Simplifying and streamlining further education</strong> qualifications and inviting local areas to participate in the reshaping and commissioning of local provision;</li></ul><br /><ul><li>A <strong>network of prestigious Institutes of Technology</strong>, focused on delivering the higher level skills employers demand;</li></ul><br /><ul><li>Measures to <strong>sharpen incentives for providing outstanding teaching</strong> <strong>to university students</strong> and to <strong>open the higher education market to more new entrants;</strong></li></ul><br /><ul><li>A <strong>Digital Transformation Plan</strong> to support the adoption of digital technologies across the economy;</li></ul><br /><ul><li>A joint FCA/PRA <strong>New Bank Unit</strong> to promote competition in banking; and</li></ul><br /><ul><li>Building <strong>stronger trading links with emerging markets</strong>, and mobilising the whole of government behind exporting.</li></ul><br /> <br /><p>These policies build on the productivity improving measures announced in the Summer Budget, examples of which include:</p><br /><ul><li><strong>Cutting the UK’s Corporation Tax</strong> rate to 18%, the lowest in the G20;</li></ul><br /><ul><li>Setting the <strong>Annual Investment Allowance at its highest ever permanent level</strong>;</li></ul><br /><ul><li>Creating a <strong>Roads Fund</strong> through reforming Vehicle Excise Duty for new cars;</li></ul><br /><ul><li><strong>Funding new apprenticeships through a lev</strong>y on large employers, which will ensure that those who prioritise training get more out than they put in;</li></ul><br /><ul><li>Putting higher education funding on a more sustainable footing, with <strong>maintenance loans replacing grants</strong>;</li></ul><br /><ul><li><strong>Building a Northern Powerhouse</strong> and ensuring the productive potential of all parts of the UK is realised; and</li></ul><br /><ul><li><strong>Reforming Network Rail</strong> to ensure it can deliver a faster, more reliable and more efficient railway.</li></ul><br /> <br /><p>“Fixing the Foundations: Creating a more prosperous nation” can be found on the GOV.UK website, which is attached.</p>
answering member printed Baroness Neville-Rolfe more like this
question first answered
less than 2015-10-23T12:00:44.003Zmore like thismore than 2015-10-23T12:00:44.003Z
answering member
4284
label Biography information for Baroness Neville-Rolfe more like this
attachment
1
file name Productivity_Plan_print.pdf more like this
title Productivity Plan more like this
tabling member
1796
label Biography information for Lord Taylor of Warwick more like this
390167
registered interest false more like this
date less than 2015-07-15more like thismore than 2015-07-15
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Productivity remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the effect of zombie companies on national productivity; and if he will make a statement. more like this
tabling member constituency Mid Sussex more like this
tabling member printed
Sir Nicholas Soames more like this
uin 7261 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-07-23more like thismore than 2015-07-23
answer text <p>Zombie companies are companies that are allowed by banks to delay repayment of a loan so that they effectively only pay the interest due rather than the full loan amount. Bank of England analysis of this ‘loan forbearance’ suggests that only a relatively small proportion of small businesses are in receipt of any form of forbearance (around 6% of SME borrowers in 2013). The Bank concludes that forbearance by banks on loans to small businesses would therefore appear to account for only a small proportion of the weakness in aggregate UK productivity. The Bank’s analysis was published in the Bank’s quarterly bulletin which can be found on the Bank of England’s website.</p> more like this
answering member constituency Broxtowe more like this
answering member printed Anna Soubry more like this
question first answered
less than 2015-07-23T10:57:14.657Zmore like thismore than 2015-07-23T10:57:14.657Z
answering member
3938
label Biography information for Anna Soubry more like this
tabling member
116
label Biography information for Lord Soames of Fletching more like this
390168
registered interest false more like this
date less than 2015-07-15more like thismore than 2015-07-15
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Productivity remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the effect of employee ownership on national productivity; and if he will make a statement. more like this
tabling member constituency Mid Sussex more like this
tabling member printed
Sir Nicholas Soames more like this
uin 7262 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-07-21more like thismore than 2015-07-21
answer text <p>We are not aware of any studies into the link between employee ownership and national productivity. Research published in 2014 by the Employee Ownership Association showed that businesses with employee ownership (where employees have both a meaningful financial stake and a say in how the business is run) had a year-on-year increase in productivity of 4.5%.</p><p> </p><p>The Government worked closely with experts, including from the Employee Ownership Association, in delivering the 2012 Nuttall Recommendations to reduce barriers to increasing the number of employee ownership businesses. This work was completed in 2014.</p> more like this
answering member constituency Broxtowe more like this
answering member printed Anna Soubry more like this
question first answered
less than 2015-07-21T14:32:07.13Zmore like thismore than 2015-07-21T14:32:07.13Z
answering member
3938
label Biography information for Anna Soubry more like this
tabling member
116
label Biography information for Lord Soames of Fletching more like this
389709
registered interest false more like this
date less than 2015-07-14more like thismore than 2015-07-14
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 remove filter
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 estimate he has made of the sustainable rate of productive potential in the UK economy. more like this
tabling member constituency Ross, Skye and Lochaber more like this
tabling member printed
Ian Blackford more like this
uin 7048 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-07-21more like thismore than 2015-07-21
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
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
question first answered
less than 2015-07-21T14:41:07.903Zmore like thismore than 2015-07-21T14:41:07.903Z
answering member
4107
label Biography information for Dame Harriett Baldwin more like this
tabling member
4390
label Biography information for Ian Blackford more like this
381137
registered interest false more like this
date less than 2015-06-15more like thismore than 2015-06-15
answering body
Cabinet Office more like this
answering dept id 53 more like this
answering dept short name Cabinet Office more like this
answering dept sort name Cabinet Office more like this
hansard heading Productivity remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Minister for the Cabinet Office, what steps he is taking to improve the UK's productivity statistics. more like this
tabling member constituency Mid Sussex more like this
tabling member printed
Sir Nicholas Soames more like this
uin 2547 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-06-18more like thismore than 2015-06-18
answer text <p>The information requested falls within the responsibility of the UK Statistics Authority. I have asked the Authority to reply.</p><p> </p> more like this
answering member constituency Reading East more like this
answering member printed Mr Rob Wilson more like this
question first answered
less than 2015-06-18T12:50:56.963Zmore like thismore than 2015-06-18T12:50:56.963Z
answering member
1556
label Biography information for Mr Rob Wilson more like this
attachment
1
file name PQ 2547 Sir Soames.pdf more like this
title UKSA Letter to Member - UK's Productivity Stats more like this
tabling member
116
label Biography information for Lord Soames of Fletching more like this
347908
registered interest false more like this
date less than 2015-06-02more like thismore than 2015-06-02
answering body
Cabinet Office more like this
answering dept id 53 more like this
answering dept short name Cabinet Office more like this
answering dept sort name Cabinet Office more like this
hansard heading Productivity remove filter
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty’s Government what are the latest figures for the employee activity rates in (1) Wales, (2) Scotland, (3) Northern Ireland and (4) each of the regions of England. more like this
tabling member printed
Lord Wigley more like this
uin HL194 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-06-11more like thismore than 2015-06-11
answer text <p>The information requested falls within the responsibility of the UK Statistics Authority. I have asked the Authority to reply.</p> more like this
answering member printed Lord Bridges of Headley more like this
attachment
1
file name HL194 Lord Wigley ONS Reply.pdf more like this
title UK Statistics Reply more like this
2
file name HL194 Tables.xlsx more like this
title Referenced Tables more like this
question first answered
less than 2015-06-11T16:01:22.357Zmore like thismore than 2015-06-11T16:01:22.357Z
answering member
4535
label Biography information for Lord Bridges of Headley more like this
tabling member
547
label Biography information for Lord Wigley more like this
228952
registered interest false more like this
date less than 2015-03-23more like thismore than 2015-03-23
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 Treasury more like this
hansard heading Productivity remove filter
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty’s Government what is their assessment of the practical impact on United Kingdom productivity of net migration of 165,000 per year over the next five years. more like this
tabling member printed
Lord Green of Deddington more like this
uin HL5917 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-03-26more like thismore than 2015-03-26
answer text <p>The government does not forecast either UK GDP or GDP per capita. The independent OBR in the March 2015 Economic and Fiscal Outlook (EFO) used the central ONS migration population projection. The ONS central migration projection is for net migration of 165,000 a year in 2018/19 and 2019/20. In the March 2015 EFO the OBR forecast that UK GDP per capita for those aged 16 and over will increase by 9.2% total between 2014 and 2019.</p><p> </p><p> </p><p> </p><p>In order to inform policy making, the government reviews and notes the wider evidence on the economic and productivity impacts of immigration on an ongoing basis. This evidence base includes the wider academic literature, and a range of reports commissioned or produced by the government looking at specific impacts, for example those produced by the independent Migration Advisory Committee. In addition, policies that influence migration are assessed using the government's impact assessment process which models the economic impact of the policy change using assumptions based on a range of evidence and the academic literature. Home Office Impact Assessments are published on gov.uk.</p><p> </p>
answering member printed Lord Deighton more like this
grouped question UIN HL5915 more like this
question first answered
less than 2015-03-26T13:57:25.053Zmore like thismore than 2015-03-26T13:57:25.053Z
answering member
4262
label Biography information for Lord Deighton more like this
tabling member
4346
label Biography information for Lord Green of Deddington more like this
224638
registered interest false more like this
date less than 2015-03-03more like thismore than 2015-03-03
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Productivity remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what the increase in the UK's total factor productivity was in each of the last 15 years. more like this
tabling member constituency Mid Sussex more like this
tabling member printed
Sir Nicholas Soames more like this
uin 225955 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-03-09more like thismore than 2015-03-09
answer text <p>The Office for National Statistics (ONS) have published experimental estimates of Multi-Factor Productivity (MFP), which is the terminology the ONS uses for total factor productivity. This is shown in Table 1.</p><p> </p><p> </p><p> </p><p>Table 2 displays an index of these data, showing cumulative growth in MFP over the last 15 years.</p><p> </p><p> </p><p> </p><p><strong>Table 1: Annual Growth Rate of Multi-Factor Productivity </strong></p><p> </p><table><tbody><tr><td><p><strong>Year</strong></p></td><td><p><strong>1999</strong></p></td><td><p><strong>2000</strong></p></td><td><p><strong>2001</strong></p></td><td><p><strong>2002</strong></p></td><td><p><strong>2003</strong></p></td><td><p><strong>2004</strong></p></td><td><p><strong>2005</strong></p></td><td><p><strong>2006</strong></p></td><td><p><strong>2007</strong></p></td><td><p><strong>2008</strong></p></td><td><p><strong>2009</strong></p></td><td><p><strong>2010</strong></p></td><td><p><strong>2011</strong></p></td><td><p><strong>2012</strong></p></td><td><p><strong>2013</strong></p></td></tr><tr><td> </td><td><p>0.96</p></td><td><p>2.02</p></td><td><p>0.87</p></td><td><p>1.13</p></td><td><p>2.71</p></td><td><p>1.21</p></td><td><p>0.27</p></td><td><p>1.54</p></td><td><p>0.58</p></td><td><p>-0.94</p></td><td><p>-4.62</p></td><td><p>0.91</p></td><td><p>0.39</p></td><td><p>-1.81</p></td><td><p>-0.53</p></td></tr></tbody></table><p> </p><p> </p><p> </p><p><strong>Table 2: Multi-Factor Productivity (1998=100)</strong></p><p> </p><table><tbody><tr><td><p><strong>Year</strong></p></td><td><p><strong>1999</strong></p></td><td><p><strong>2000</strong></p></td><td><p><strong>2001</strong></p></td><td><p><strong>2002</strong></p></td><td><p><strong>2003</strong></p></td><td><p><strong>2004</strong></p></td><td><p><strong>2005</strong></p></td><td><p><strong>2006</strong></p></td><td><p><strong>2007</strong></p></td><td><p><strong>2008</strong></p></td><td><p><strong>2009</strong></p></td><td><p><strong>2010</strong></p></td><td><p><strong>2011</strong></p></td><td><p><strong>2012</strong></p></td><td><p><strong>2013</strong></p></td></tr><tr><td> </td><td><p>101.0</p></td><td><p>103.0</p></td><td><p>103.9</p></td><td><p>105.0</p></td><td><p>107.7</p></td><td><p>108.9</p></td><td><p>109.2</p></td><td><p>110.7</p></td><td><p>111.3</p></td><td><p>110.4</p></td><td><p>105.7</p></td><td><p>106.6</p></td><td><p>107.0</p></td><td><p>105.2</p></td><td><p>104.7</p></td></tr></tbody></table><p> </p><p> </p><p> </p><p> </p><p> </p><p>Source: Multi-factor Productivity (experimental), Estimates to 2013, ONS (Jan 2015) <a href="http://www.ons.gov.uk/ons/publications/re-reference-tables.html?edition=tcm%3A77-386314" target="_blank">http://www.ons.gov.uk/ons/publications/re-reference-tables.html?edition=tcm%3A77-386314</a></p><p> </p>
answering member constituency West Suffolk more like this
answering member printed Matthew Hancock more like this
question first answered
less than 2015-03-09T16:47:34.047Zmore like thismore than 2015-03-09T16:47:34.047Z
answering member
4070
label Biography information for Matt Hancock more like this
tabling member
116
label Biography information for Lord Soames of Fletching more like this
171900
registered interest false more like this
date less than 2015-01-05more like thismore than 2015-01-05
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Productivity remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what steps he is taking to increase productivity. more like this
tabling member constituency Mid Sussex more like this
tabling member printed
Sir Nicholas Soames more like this
uin 219763 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-01-08more like thismore than 2015-01-08
answer text <p>I refer my Rt.Hon. Friend to the answer I gave him on 9 December 2014, UIN 217275.</p><p> </p><p> </p><p> </p> more like this
answering member constituency West Suffolk more like this
answering member printed Matthew Hancock more like this
question first answered
less than 2015-01-08T16:22:03.63Zmore like thismore than 2015-01-08T16:22:03.63Z
answering member
4070
label Biography information for Matt Hancock more like this
tabling member
116
label Biography information for Lord Soames of Fletching more like this