Oral Answers to Questions

Richard Arkless Excerpts

Tuesday 15th December 2015 Commons Chamber

[Mr Vaizey]

I did not double the budget; it was the Chancellor. It is important—particularly for one’s career—to give him credit when he does such things. I take the hon. Gentleman’s point very seriously. We have a fantastic scheme called the cyber essentials scheme, which allows small businesses and large businesses to get a certificate to show that they have been through a process to increase their cyber-security.

[Richard Arkless (Dumfries and Galloway) (SNP)]

16. What steps he is taking to improve productivity in the economy.

[The Secretary of State for Business, Innovation and Skills and President of the Board of Trade (Sajid Javid)]

The Government are working hard to deliver the ambitious measures outlined in our productivity plan. We will drive productivity growth throughout the UK by encouraging long-term investment and promoting a dynamic economy.

[Richard Arkless]

Productivity has been the Achilles heel of this Government’s economic policy. Comparisons with G7 countries are poor, and the figures are even worse when compared with those for smaller to medium-sized and—dare I say?—independent countries. Is it not the case that the Government have been completely obsessed with austerity, and cuts and have completely neglected productivity, internationalisation and innovation, which is the fairer, more progressive way to raise tax receipts and reduce the deficit?

[Sajid Javid]

No, that is absolutely not the case. The hon. Gentleman is right that there has been a long-running productivity issue in our country under successive Governments. That is why we have published the ambitious productivity plan, dealing with issues such as skills, infrastructure and innovation. In the past year, we have seen a 1.3% year-on-year increase in output per hour, which is very encouraging.