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Business: Competition

Question for HM Treasury

UIN 909636, tabled on 30 March 2017

To ask Mr Chancellor of the Exchequer, what measures he is taking to improve the UK's economic competitiveness.

Answered on

18 April 2017

In any modern economy improving competitiveness means boosting productivity, as it is the key long-term driver of economic prospects. This government has taken significant steps to tackle this issue, investing an additional £23bn in areas crucial to productivity through the National Productivity Investment Fund. At budget we went further, providing an additional £500m per year of spending to support improvements in technical education.

Answered by

Treasury
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