Oral question asked in the House of Commons, by Stephen McPartland (Conservative). It was answered by David Gauke (Conservative) on Tuesday, 18 April 2017 on behalf of the Treasury.

Productivity

Answer: The Government recognise the challenge that Britain’s productivity performance represents, and we are resolved to tackle the issue. At last year’s autumn statement we launched the national productivity investment fund to provide £23 billion-worth of additional spending, focused on areas key to boosting productivity. We went further at the Budget by investing an additional £500 million in technical education to ensure that businesses can access the skills they need.

Secondary information