VerbatimParliament, as it happens

Productivity

Asked by Jake RichardsLabourTreasuryTabled Answered 3 December 2024UIN 901597

The question

To ask the Chancellor of the Exchequer, what steps she is taking to increase economic productivity.

Answered by Tulip Siddiq

Boosting productivity growth across the country is a key aim of this government’s growth mission. By reforming the economy and increasing productivity, we will drive up prosperity and living standards across the UK. Our Budget showed that this government has a robust, comprehensive strategy for boosting productivity, and we are taking the steps needed to make up for fourteen years of stagnant productivity growth, including introducing planning reforms, protecting record R&D funding and launching Skills England.


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