Jobs, growth, and productivity after coronavirus

Treasury Committee Closed Inquiry
Opened: 1 Apr 2021 Closed: 7 Feb 2023 Parliament page
This inquiry will examine how the Government can reduce the impact of the Covid-19 pandemic on economic growth and employment rates. It will look at: What difference government policy can make to economic growth Why the UK’s productivity growth is persistently weak How successful the Government’s response to the pandemic … Read more
7 Recommendations
10 Conclusions
1 Report
4 Letters
6 Events
Activity timeline 12 events
1 Dec
2022
Report published
24 Nov
2022
Correspondence
24 Nov
2022
Correspondence
23 Nov
2022
Correspondence
23 Nov
2022
Correspondence
13 Jul
2022
Report published
11 May
2022
Formal meeting (oral evidence session) · Room 8, Palace of Westminster
7 Feb
2022
Formal meeting (oral evidence session) · Room 8, Palace of Westminster
13 Dec
2021
Formal meeting (oral evidence session) · Room 15, Palace of Westminster
20 Oct
2021
Formal meeting (oral evidence session) · Room 16, Palace of Westminster
20 Sep
2021
Formal meeting (oral evidence session) · Room 15, Palace of Westminster
12 Jul
2021
Formal meeting (oral evidence session) · Virtual meeting
Title HC No. Published Items Response
Fourth Report - Jobs, growth and productivity after coronavirus HC 139 13 Jul 2022 17 Responded
Recommendations & Conclusions
6 results
Clear
2 Conclusion Accepted
Fourth Report - Jobs, growth and p…
Although witnesses were generally in agreement with the broad aims and priorities in the Plan...
Although witnesses were generally in agreement with the broad aims and priorities in the Plan for Growth, there was some dissatisfaction in both written and oral evidence with other aspects. It was suggested that there was a lack of detail … Read more
Government Response
The government states that the Plan for Growth is an overarching framework which helps to support a whole-Government approach to delivering long-term growth, and outlines processes already in place.
HM Treasury
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3 Conclusion Accepted
Fourth Report - Jobs, growth and p…
We are concerned at the abolition of, and the lack of a replacement for, the...
We are concerned at the abolition of, and the lack of a replacement for, the Industrial Strategy Council, which provided oversight and evaluation of the Government’s growth strategy, and a suite of detailed metrics against which to judge the success … Read more
Government Response
The Plan for Growth is an overarching framework which helps to support a whole-Government approach to delivering long-term growth, and progress is measured through Outcome Delivery Plans (ODP) with departments reporting their progress to Cabinet Office and HM Treasury on a quarterly basis.
HM Treasury
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4 Conclusion Accepted
Fourth Report - Jobs, growth and p…
The Government as a whole is spending a large amount of money and time on...
The Government as a whole is spending a large amount of money and time on devising growth strategies and policies. It is important to have a robust, overarching strategy for this that drives co-ordination across departments. This function may well … Read more
Government Response
The government states that the Plan for Growth is an overarching framework which helps to support a whole-Government approach to delivering long-term growth, and outlines processes already in place.
HM Treasury
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5 Recommendation Accepted
Fourth Report - Jobs, growth and p…
In its response to this Report, the Treasury should set out how it is making...
In its response to this Report, the Treasury should set out how it is making the Plan for Growth an effective successor to the Industrial Strategy, given that it is not taking on additional resources for this purpose, and in … Read more
Government Response
The government states that the Plan for Growth is an overarching framework which helps to support a whole-Government approach to delivering long-term growth, and outlines processes already in place.
HM Treasury
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6 Conclusion Accepted
Fourth Report - Jobs, growth and p…
We do not believe that the Plan for Growth should necessarily be discontinued, let alone...
We do not believe that the Plan for Growth should necessarily be discontinued, let alone the Industrial Strategy revived, as another wholesale change in policy would exacerbate the lack of long termism and consistency in policymaking. Nonetheless, there needs to … Read more
Government Response
The Plan for Growth is an overarching framework which helps to support a whole-Government approach to delivering long-term growth, and progress is measured through Outcome Delivery Plans (ODP) with departments reporting their progress to Cabinet Office and HM Treasury on a quarterly basis.
HM Treasury
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13 Conclusion Accepted
Fourth Report - Jobs, growth and p…
The target to spend 2.4 per cent of GDP on research and development (R&D) is...
The target to spend 2.4 per cent of GDP on research and development (R&D) is an important aspect of growth policy. We re-iterate our disappointment over the pushing-back of the target to spend £22 billion of public money on R&D … Read more
Government Response
Government spending on R&D will increase to £20 billion a year by 2024–25, a cash increase of around a third compared to 2021–22.
HM Treasury
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Government Response AI assessment · 17 of 7 classified
Accepted 6
Acknowledged 8
Deferred 1
Not Addressed 1
Rejected 1
Total 7 recs + 10 conclusions
Correspondence 4 letters
24 Nov 2022 Correspondence from the Exchequer Secretary to the Treasury relating to the Committee’s report on ‘Jobs, growth and productivity after coronavirus’, dated 23 November
Parliament page
24 Nov 2022 Correspondence from the Chair to the Exchequer Secretary to the Treasury relating to the Committee’s report on ‘Jobs, growth and productivity after coronavirus’, dated 24 November
Parliament page
23 Nov 2022 Correspondence from the Chair to the Exchequer Secretary to the Treasury relating to the Committee’s report on ‘Jobs, growth and productivity after coronavirus’, dated 23 November
Parliament page
23 Nov 2022 Correspondence from the Exchequer Secretary to the Treasury relating to the Committee’s report on ‘Jobs, growth and productivity after coronavirus’, dated 22 November
Parliament page