Productivity

(asked on 13th June 2019) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps the Government is taking to boost productivity.


Answered by
Andrew Stephenson Portrait
Andrew Stephenson
This question was answered on 18th June 2019

The Industrial Strategy is our long-term plan to boost productivity by backing businesses to create high-quality, well paid jobs throughout the United Kingdom, with investment in skills, industries and infrastructure. ​​The Industrial Strategy is how we are creating an economy that works for everyone: highly innovative, highly skilled and high quality, supported by low taxation and smart regulation. ​

Through a cross-government programme, Industrial Strategy focuses on:

  • Strengthening the Foundations of productivity – by encouraging innovation, developing high quality jobs, supporting UK businesses and fostering growth in all parts of the UK.
  • Building long-term strategic partnerships with businesses through Sector Deals between government and industry.
  • Taking on Grand Challenges in Artificial Intelligence and Data Economy, Clean Growth, Ageing Society and Future of Mobility - society-changing opportunities and industries of the future where the UK can build on its strengths and lead the world.
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