Asked by: Kevin Foster (Conservative - Torbay)
Question to the Department for Business, Energy and Industrial Strategy:
What recent steps he has taken through the Industrial Strategy to increase the number of high-quality, well paid jobs.
Answered by Sam Gyimah
High quality, well paid jobs are a crucial part of our economy and are underpinned by productivity. Our Industrial Strategy sets out a long-term plan to boost productivity by investing in skills, industries and infrastructure.
We have overseen the biggest increase in R&D funding in the last 40 years, committing £7 billion by 2023/2024; have the fastest growing infrastructure investment across the G7; and are providing £37bn of additional capital spending, all of which contribute to the creation of high-quality jobs across the UK.