Productivity
(asked on 16th January 2017) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty’s Government what new resources are to be made available to encourage improved productivity in the UK.
This question was answered on 30th January 2017
As part of the Autumn Statement, my Rt Hon Friend the Chancellor of the Exchequer announced a new National Productivity Investment Fund (NPIF). The NPIF will provide for £23 billion of spending between 2017/18 and 2021/22, and build on existing plans over this Parliament. In addition, improving productivity will be a key underlying theme of the Government’s forthcoming Industrial Strategy.