Friday 6 January 2017 / 12:19 PM 2017 Press Archive / The Latest from Labour

Tories are failing on productivity growth – Jonathan Reynolds

Jonathan
Reynolds MP, Labour’s Shadow Treasury Minister
, commenting on
today’s ONS productivity figures, said:

“Today’s productivity figures again confirm the Tories’ abject failure on
productivity growth.

"The ONS says the ‘productivity puzzle’ remains, and there is little sign
of an end to the UK’s productivity stagnation.

“Philip Hammond has admitted that the UK’s productivity gap is “shocking”, yet
the Tories have no plan to confront the magnitude of the problem.

“Only Labour has a serious plan to invest in our future to raise our
productivity and deliver on jobs, prosperity and rising living standards.”