Productivity
The question
To ask the Chancellor of the Exchequer, what fiscal steps her Department is taking to help increase productivity.
Answered by James Murray
Since the General Election, productivity has risen by more than twice as much as it did in the whole of the last Parliament. The Government has increased capital spending by an additional £120 billion - the highest level in four decades – delivering major new investment in transport, housing, energy and R&D. Departments are set to deliver nearly £14 billion of efficiency savings by 2028-29.
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