Productivity - Question

Part of the debate – in the House of Lords at 11:29 am on 7th November 2017.

Alert me about debates like this

Photo of Baroness Wheatcroft Baroness Wheatcroft Conservative 11:29 am, 7th November 2017

I thank my noble friend for his reply and I greet the commission’s report with enthusiasm. It suggests that there should be long-term investment in infrastructure, skills and education, but it takes a long time for those sorts of investments to improve productivity and, in the meantime, as we heard from the CBI yesterday, companies are holding back on investment because of concerns over Brexit. Will my noble friend tell me what predictions they are making for productivity in the short term as we go through the Brexit process?