Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Virendra Sharma Excerpts
Tuesday 9th April 2019

(5 years ago)

Commons Chamber
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Elizabeth Truss Portrait Elizabeth Truss
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I know that my hon. Friend has been in touch with the Ministry of Housing, Communities and Local Government on this issue. We fully expect building owners in the private sector to take action to ensure appropriate safety measures are in place. We have written to all owners to remind them of their responsibilities. In addition, local authorities have the power to complete works and recover costs from private owners of high rise residential buildings.

Virendra Sharma Portrait Mr Virendra Sharma (Ealing, Southall) (Lab)
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19. What recent assessment his Department has made of trends in the level of productivity since 2010.

Robert Jenrick Portrait The Exchequer Secretary to the Treasury (Robert Jenrick)
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Since 2010, UK labour productivity has grown by 3.9%, leaving it 1.9% above its pre-crisis peak. Slow productivity growth since the crisis is not a phenomenon exclusive to the UK, but is common across the G7. We have created the £37 billion national productivity investment fund to tackle it.

Virendra Sharma Portrait Mr Sharma
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The UK’s productivity remains weaker than most other advanced economies. Does the Chancellor agree that the Government should lead the way in tackling the productivity crisis, starting with getting rid of the haphazard Transport Secretary?

Robert Jenrick Portrait Robert Jenrick
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No. We are taking a range of interventions, including investing £600 billion in our national economic infrastructure. Over the course of this Parliament, investment in transport and other forms of infrastructure will be £460 million a week in real terms higher than under the previous Labour Government.