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What is Productivity?

The Business, Innovation and Skills Committee looks at the issue of productivity in the UK economy. Iain Wright MP, Chair of the Committee, said: "Productivity is the pressing economic challenge of this Parliament and tackling the productivity gap is crucial to the UK's economic competitiveness and to improving workers' living standards. As a Committee we will keep a determined focus on scrutinising investment, regulation, innovation and skills policies designed to boost productivity." Further information can be found on the Productivity Plan inquiry page: http://www.parliament.uk/business/com...