Digital Technology: Productivity

(asked on 25th April 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, with reference to paragraphs 3.16 to 3.26 of the report, Independent review of UK economic statistics, published on 11 March 2016, what plans he has to improve the accuracy of estimates of the contribution of the digital economy to UK productivity.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 4th May 2016

Professor Sir Charles Bean’s Independent Review of Economic Statistics highlighted the importance of proper measurement of the digital economy.

To enable the Office for National Statistics to develop world-leading analytical and digital capabilities in economic measurement, the government will invest over £10m in a new hub for data science and a centre for excellence in economic measurement in line with the recommendations.

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