Neil Coyle – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Neil Coyle on 2016-02-22.

To ask Mr Chancellor of the Exchequer, what steps he is taking to reduce the productivity gap.

Greg Hands

The government has published “Fixing the foundations: Creating a more prosperous nation”, its plan for productivity growth in the UK. This plan outlines the steps the government is taking to encourage further investment in the drivers of productivity growth, including science, education, skills and infrastructure. It also sets out the ways the government is promoting a dynamic economy through reforming planning laws, boosting competition and creating a Northern Powerhouse.

These steps include: investing £6.9 billion in the UK’s research infrastructure up to 2021; introducing a levy on large employers to help deliver 3 million apprenticeships starts this Parliament; guaranteeing that all revenue raised from VED in England from 2020-21 will be allocated to a new Roads Fund and invested directly back into the strategic road network; and creating a new “zonal” system which will grant automatic permission in principle on brownfield sites.