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1439075

registered interest
date	08/03/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Productivity
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made, if any, of the additional capacity necessary to analyse the present levels of productivity in the UK.
tabling member printed	Lord Patten
uin	HL6739
answer	answer is ministerial correction date of answer 23/03/2022 answer text <p>The Government has recently expanded its funding for research into productivity by £37 million, including a new Productivity Institute headquartered in Manchester Business School.</p><p> </p> answering member printed Lord Callanan question first answered 23/03/2022 11:43:28 answering member 4336 label Biography information for Lord Callanan
tabling member	1137 label Biography information for Lord Patten

1433919

registered interest
date	22/02/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Productivity
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to improve productivity levels.
tabling member constituency	High Peak
tabling member printed	Robert Largan
uin	905683
answer	answer is ministerial correction date of answer 22/02/2022 answer text <p>The Government is taking the opportunities offered by Brexit to increase productivity, cut red tape and strengthen the business across the UK. We are supporting businesses to grow by helping them access finance, improve skills, and adopt technology.</p> answering member constituency North East Derbyshire answering member printed Lee Rowley question first answered 22/02/2022 13:34:42 answering member 4652 label Biography information for Lee Rowley
tabling member	4852 label Biography information for Robert Largan

1180345

registered interest
date	25/02/2020
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, for what reasons the UK is ranked fifth in the comparative productivity levels of G7 countries; and what steps his Department is taking to ensure that the levels of productivity in rural and urban communities in the UK are equal.
tabling member constituency	North Cornwall
tabling member printed	Scott Mann
uin	20527
answer	answer is ministerial correction date of answer 04/03/2020 answer text <p>We recognise that UK productivity is lower than some of our peers. But we must also recognise that we have a number of strengths that we should continue to build on. We are the world’s fifth largest economy. We have many of the best universities on earth, are one of the most attractive places in the world to do business and lead in many 21st-century technologies and innovations. Closing our productivity gap, which exists compared to other nations but also between regions in the UK, will be vital in unleashing the UK’s potential.</p><p> </p><p>We are committed to levelling up opportunity across all places in the UK. This means making sure that prosperity is shared across all our towns and cities. So far, we have announced a £5bn package of investment for buses and cycling, opened up a consultation on Freeports, and we’ve confirmed that we will proceed with HS2 to deliver essential North-South connectivity, greater capacity, and shorter journey times.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay question first answered 04/03/2020 15:53:14 answering member 4095 label Biography information for Steve Barclay
tabling member	4496 label Biography information for Scott Mann

1179954

registered interest
date	24/02/2020
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Productivity
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans he has to to improve productivity in each region of the UK.
tabling member constituency	Haltemprice and Howden
tabling member printed	Mr David Davis
uin	19759
answer	answer is ministerial correction date of answer 03/03/2020 answer text <p>The Government is committed to levelling up all regions of the UK. We are working with local leaders and businesses on Local Industrial Strategies to boost productivity and living standards, whilst increasing investment in science, research, and development across the country.</p><p> </p><p>These long-term strategies are based on robust evidence, providing an in-depth understanding of local economies. Local Industrial Strategies explicitly focus on driving productivity by setting out the spatial impacts of national and local policy across our cities, towns, and rural areas.</p> answering member constituency Stratford-on-Avon answering member printed Nadhim Zahawi question first answered 03/03/2020 17:04:16 answering member 4113 label Biography information for Nadhim Zahawi
tabling member	373 label Biography information for Sir David Davis

1177680

registered interest
date	11/02/2020
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, with reference to the findings of the Industrial Strategy Council's research paper, UK Regional Productivity Differences: An Evidence Review, published in February 2020, what steps he is taking to tackle the UK's regional productivity gap.
tabling member constituency	Barnsley Central
tabling member printed	Dan Jarvis
uin	540
answer	answer is ministerial correction date of answer 24/02/2020 answer text <p>So far, we have announced a £5bn package of investment for buses and cycling, opened up a consultation on Freeports, and we’ve confirmed that we will proceed with HS2 to deliver essential North-South connectivity, greater capacity, and shorter journey times. We will also continue to deliver on our ambitious levelling up agenda, including through the upcoming Budget.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay grouped question UIN 541 question first answered 24/02/2020 17:32:55 answering member 4095 label Biography information for Steve Barclay
tabling member	4243 label Biography information for Dan Jarvis

1177681

registered interest
date	11/02/2020
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 ensure long-term equity of national productivity throughout the UK.
tabling member constituency	Barnsley Central
tabling member printed	Dan Jarvis
uin	541
answer	answer is ministerial correction date of answer 24/02/2020 answer text <p>So far, we have announced a £5bn package of investment for buses and cycling, opened up a consultation on Freeports, and we’ve confirmed that we will proceed with HS2 to deliver essential North-South connectivity, greater capacity, and shorter journey times. We will also continue to deliver on our ambitious levelling up agenda, including through the upcoming Budget.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay grouped question UIN 540 question first answered 24/02/2020 17:32:55 answering member 4095 label Biography information for Steve Barclay
tabling member	4243 label Biography information for Dan Jarvis

1177518

registered interest
date	10/02/2020
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 assessment he has made of trends in the level of UK productivity between 2009 and 2019.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	14629
answer	answer is ministerial correction date of answer 13/02/2020 answer text <p>Labour productivity in the UK is just 2.4% above its pre-crisis peak. Productivity growth has slowed globally since the crisis but in the UK this slowdown has been more pronounced - across the G7 productivity growth has slowed from 1.9% per year in the decade to 2007 to just 0.8% since. In the UK, by comparison, it has fallen from 2.3% pre crisis to 0.3% since. To level up growth we will continue to invest responsibly including increased investment in infrastructure - connecting the country and businesses by road, rail and broadband and committing to our target of 2.4% of GDP being spend on R&amp;D. We will also continue to invest in people – our greatest asset – levelling up skills and opportunity by creating a new national skills fund.</p> answering member constituency Middlesbrough South and East Cleveland answering member printed Mr Simon Clarke question first answered 13/02/2020 12:41:57 answering member 4655 label Biography information for Sir Simon Clarke
tabling member	1409 label Biography information for Mr Gregory Campbell

1170750

registered interest
date	14/01/2020
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 assessment the Government has made of the effect of funding allocated from the public purse to education in each region on the level of productivity in those regions.
tabling member constituency	Haltemprice and Howden
tabling member printed	Mr David Davis
uin	3138
answer	answer is ministerial correction date of answer 22/01/2020 answer text <p>When considering funding for public services, including education, the government considers a range of factors as a matter of course, including the impact on regional productivity. The Government is committed to uniting and levelling up, spreading opportunity across the whole of the UK - we are looking at how best to do this and I will set out more details in due course.</p> answering member constituency Middlesbrough South and East Cleveland answering member printed Mr Simon Clarke question first answered 22/01/2020 17:04:02 answering member 4655 label Biography information for Sir Simon Clarke
tabling member	373 label Biography information for Sir David Davis

1169248

registered interest
date	07/01/2020
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Productivity
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of the reasons for the 0.3 per cent improvement in UK productivity over the last decade; and why UK productivity is below that of other comparable countries.
tabling member printed	Lord Birt
uin	HL104
answer	answer is ministerial correction date of answer 16/01/2020 answer text <p>The UK has a longstanding ‘productivity gap’ with its main competitors. This has been exacerbated in recent years by weak productivity growth, commonly referred to as the ‘productivity puzzle’.</p><p>The slowdown in UK productivity growth in the last decade can largely be attributed to changes in the finance and manufacturing sectors which saw an outsized fall in their productivity growth. Economic shocks and pressures arising from the Financial Crisis and the Euro Area crisis also had a dampening effect on productivity.</p><p>Productivity is the main driver of long-run economic growth. The UK’s ability to improve living standards is almost entirely dependent on its ability to raise productivity. In 2017 the Government published a document on the Industrial Strategy that set out a long-term plan to boost productivity by backing businesses to create good jobs and increase the earning power of people throughout the UK with investment in skills, industries and infrastructure. The Government recently published the Business Productivity Review in response to the Industrial Strategy’s core priority of addressing the UK’s productivity issue.</p><p>Furthermore, the Industrial Strategy Council – an independent, non-statutory advisory group comprised of leading men and women from business, academia and civil society – was created to provide impartial and unbiased evaluation of the Government’s progress in delivering the Industrial Strategy. The Council published its success metrics on its website in Autumn 2019.</p> answering member printed Lord Duncan of Springbank question first answered 16/01/2020 17:21:42 answering member 4686 label Biography information for Lord Duncan of Springbank
tabling member	2533 label Biography information for Lord Birt

1148150

registered interest
date	03/10/2019
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 proportion of productivity growth can be attributed to financial technology in the last five years.
tabling member constituency	Woking
tabling member printed	Mr Jonathan Lord
uin	294159
answer	answer is ministerial correction date of answer 08/10/2019 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> answering member constituency Middlesbrough South and East Cleveland answering member printed Mr Simon Clarke question first answered 08/10/2019 07:55:59 answering member 4655 label Biography information for Sir Simon Clarke
tabling member	4090 label Biography information for Mr Jonathan Lord