Productivity

Jim Cunningham Excerpts

Wednesday 17th June 2015 Commons Chamber

[Andrew Bridgen (North West Leicestershire) (Con)]

rose—

[Mr Jim Cunningham (Coventry South) (Lab)]

Will my hon. Friend give way?

[Chris Leslie]

I give way to my hon. Friend.

[Mr Cunningham]

Surely we can take the argument further when we talk about productivity. This is not a new debate—it has been going on for very many years. We do not necessarily have to look at hourly productivity; we have to give the individual who produces things the equipment and research to do the job. That is how we increase productivity, when we break it all down.

[Chris Leslie]

As my hon. Friend says, it is incredibly important to invest in new production process technologies and make sure that we have the necessary machinery and capital equipment. I will turn to business investment and how we can incentivise it. We have to make sure that the Chancellor addresses those challenges. He has his emergency Budget and his own political priorities that he wants to put first, but this, ultimately, is the key.