Question to the HM Treasury:

To ask Her Majesty’s Government what assessment they have made of the possible benefits to the national economy of encouraging good leadership and psychological wellbeing.

In 2015 the UK government published its productivity plan ‘Fixing the Foundations: Creating a more prosperous nation’, which acknowledged the importance of management and leadership performance in improving productivity performance.

At the Autumn Statement 2016 the government announced that will it provide £13 million to support firms’ plans to improve their management skills and leadership by implementing Sir Charlie Mayfield’s review of business productivity.

In 2014 the government supported the creation of a new What Works Centre for Wellbeing. The centre brings together evidence on different aspects of wellbeing and work, looking at the impact that different interventions and services have on wellbeing.