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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 more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Productivity remove filter
unstar 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
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
star 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 more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Productivity remove filter
unstar 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
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
remove maximum value filtermore 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
star this property label Biography information for Adam Afriyie more like this
1023634
star this property registered interest false more like this
star this property date less than 2018-12-11more like thismore than 2018-12-11
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
star this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Productivity remove filter
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what were the annual growth rates of labour productivity in each year since 2000; and what rates they forecast for each year to 2022. more like this
star this property tabling member printed
Baroness Neville-Rolfe more like this
star this property uin HL12191 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-12-19more like thismore than 2018-12-19
star this property answer text <p><strong>Growth in labour productivity, 2000 – 2022</strong></p><table><tbody><tr><td><p><strong>Year </strong> <strong>(</strong><sup>f</sup><strong> – forecast)</strong></p></td><td><p><strong>Output per hour worked, % change on previous year, seasonally adjusted</strong></p></td></tr><tr><td><p>2000</p></td><td><p>3.2</p></td></tr><tr><td><p>2001</p></td><td><p>1.5</p></td></tr><tr><td><p>2002</p></td><td><p>2.4</p></td></tr><tr><td><p>2003</p></td><td><p>2.9</p></td></tr><tr><td><p>2004</p></td><td><p>1.2</p></td></tr><tr><td><p>2005</p></td><td><p>2.0</p></td></tr><tr><td><p>2006</p></td><td><p>1.8</p></td></tr><tr><td><p>2007</p></td><td><p>1.5</p></td></tr><tr><td><p>2008</p></td><td><p>-0.6</p></td></tr><tr><td><p>2009</p></td><td><p>-1.5</p></td></tr><tr><td><p>2010</p></td><td><p>1.3</p></td></tr><tr><td><p>2011</p></td><td><p>1.1</p></td></tr><tr><td><p>2012</p></td><td><p>-0.7</p></td></tr><tr><td><p>2013</p></td><td><p>-0.4</p></td></tr><tr><td><p>2014</p></td><td><p>0.6</p></td></tr><tr><td><p>2015</p></td><td><p>1.0</p></td></tr><tr><td><p>2016</p></td><td><p>0.5</p></td></tr><tr><td><p>2017</p></td><td><p>0.8</p></td></tr><tr><td><p>2018<sup>f</sup></p></td><td><p>0.8</p></td></tr><tr><td><p>2019<sup>f</sup></p></td><td><p>0.8</p></td></tr><tr><td><p>2020<sup>f</sup></p></td><td><p>0.9</p></td></tr><tr><td><p>2021<sup>f</sup></p></td><td><p>1.0</p></td></tr><tr><td><p>2022<sup>f</sup></p></td><td><p>1.1</p></td></tr></tbody></table><ul><li>The table presents past and projected annual growth rates of UK labour productivity defined as output per hour worked.</li><li>The growth rates for the period 2000 to 2017 were obtained from the ONS (Labour productivity time series (PRDY), UK<em> Whole Economy: Output per hour worked % change per annum SA</em>, released 5th October 2018, <a href="https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/labourproductivity/timeseries/lzvd/prdy" target="_blank">link</a>)</li><li>The projected future growth rates (2018 – 2022) were published by the Office for Budget Responsibility in the <em>Economic and Fiscal Outlook – October 2018</em> (page 87, Table 3.10 Detailed summary forecast, <a href="https://obr.uk/efo/economic-fiscal-outlook-october-2018/" target="_blank">link</a>)</li></ul>
star this property answering member printed Lord Henley more like this
star this property question first answered
less than 2018-12-19T12:53:16.093Zmore like thismore than 2018-12-19T12:53:16.093Z
star this property answering member
2616
star this property label Biography information for Lord Henley more like this
star this property tabling member
4284
star this property label Biography information for Baroness Neville-Rolfe more like this
1023636
star this property registered interest false more like this
star this property date less than 2018-12-11more like thismore than 2018-12-11
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
star this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Productivity remove filter
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what assessment they have made of analysis by the Organisation for Economic Co-operation and Development that the productivity gap between the UK and other developed countries is less than previously thought. more like this
star this property tabling member printed
Baroness Neville-Rolfe more like this
star this property uin HL12192 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-12-19more like thismore than 2018-12-19
star this property answer text <p>This analysis is a welcome initiative by the OECD to improve the international comparability of productivity statistics. It was initiated in response to a request from the ONS to examine how different countries go about measuring total hours worked (which are required to calculate output per hour worked).</p><p> </p><p>When calculating labour productivity there is a trade-off between using the best available data sourced from different countries’ national accounts, or data compiled on the most consistent basis. The OECD research finds that while for many countries this choice makes a minor difference, for the UK it has a larger effect and improves our performance relative to other countries.</p><p> </p><p>The ONS is examining how best to incorporate these findings into their international comparisons of labour productivity and plans to publish an article on this in January 2019; including more detailed breakdowns of how the UK compares with other developed countries on a more consistent basis.</p>
star this property answering member printed Lord Henley more like this
star this property question first answered
less than 2018-12-19T12:53:54.833Zmore like thismore than 2018-12-19T12:53:54.833Z
star this property answering member
2616
star this property label Biography information for Lord Henley more like this
star this property tabling member
4284
star this property label Biography information for Baroness Neville-Rolfe more like this
1038756
star this property registered interest false more like this
star this property date less than 2019-01-09more like thismore than 2019-01-09
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
star this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Productivity remove filter
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what steps they are taking to improve labour productivity in the UK. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL12721 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-01-16more like thismore than 2019-01-16
star this property answer text <p>Raising labour productivity is at the heart of the Government’s Modern Industrial Strategy. The strategy aims to improve labour productivity by encouraging innovation, developing high quality jobs, supporting UK businesses and fostering growth in all parts of the UK.</p><p> </p><p>A year into the Industrial Strategy we have made significant progress towards these goals, including:</p><ul><li><strong>Investing substantially in skills </strong>– We are designing a National Retraining Scheme to support adults impacted by automation, investing £406 in STEM and technical education for people of all ages as well as introducing new T levels to provide a technical alternative to A levels, in addition to our reforms to apprenticeships.</li><li><strong>The biggest increase in R&amp;D funding ever</strong> – we have committed an extra £7bn by 2023/24, including £2.7bn already allocated to innovative programmes supporting industry and researchers through the Industrial Strategy Challenge Fund.</li><li><strong>Record investment in infrastructure with £37bn committed through the National Productivity Investment Fund by 2023/24.</strong> This includes £2.45bn for Transforming Cities and £1bn in digital infrastructure.</li><li><strong>Publication of Nine Sector Deals</strong>, supporting billions in investment from the public and private sector and important sectoral reforms on issues such as technology diffusion and workforce diversity. A further three deals are being negotiated.</li><li><strong>Announcement of the first ‘missions’ under the Grand Challenges,</strong> aiming to galvanise action on ambitious and specific goals in AI &amp; Data, Clean Growth, the Future of Mobility and Ageing Society. This includes a second clean growth mission to decarbonise industrial clusters.</li></ul>
star this property answering member printed Lord Henley more like this
star this property question first answered
less than 2019-01-16T16:58:50.627Zmore like thismore than 2019-01-16T16:58:50.627Z
star this property answering member
2616
star this property label Biography information for Lord Henley more like this
star this property tabling member
1796
star this property label Biography information for Lord Taylor of Warwick more like this