Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Nicola Richards Excerpts
Tuesday 7th January 2020

(4 years, 3 months ago)

Commons Chamber
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Gareth Davies Portrait Gareth Davies (Grantham and Stamford) (Con)
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18. What fiscal steps he is taking to increase productivity throughout the UK economy.

Nicola Richards Portrait Nicola Richards (West Bromwich East) (Con)
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22. What fiscal steps he is taking to increase productivity throughout the UK economy.

Sajid Javid Portrait The Chancellor of the Exchequer (Sajid Javid)
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Increasing productivity is the best way to boost wages, improve living standards and enhance prosperity. We have worked hard to build a stronger, fairer economy, dealing with the deficit, helping to get people into work, and cutting taxes for families and businesses. We will continue to invest responsibly, including by investing billions more in infrastructure, creating a new national skills fund and boosting investment in research and development. We will invest to unleash the potential of the whole country, so that no place is left behind.

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Sajid Javid Portrait Sajid Javid
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First, may I welcome my hon. Friend to his place? He raises the important issue of infrastructure investment and its importance to productivity. I understand the incredible importance of the A1 in Lincolnshire, and a number of colleagues have raised it with me. We will soon publish our second road investment strategy, which will set out our plans, but I can assure my hon. Friend that in this Government’s infrastructure revolution no part of our country will be left behind.

Nicola Richards Portrait Nicola Richards
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Having spoken to business leaders in West Bromwich and throughout the west midlands, I know that tackling productivity and imbalances across the region is vital and key to levelling up our economy. Will the Chancellor commit to working alongside me to tackle the imbalances in West Bromwich East and the wider west midlands?