Productivity: Cooperatives

HM Treasury written question – answered on 28th June 2017.

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Photo of Luke Pollard Luke Pollard Labour/Co-operative, Plymouth, Sutton and Devonport

To ask Mr Chancellor of the Exchequer, what discussions he has had with (a) the co-operative sector and (b) representatives from employee-owned businesses on increasing national productivity by incentivising and encouraging employees.

Photo of Andrew Jones Andrew Jones The Exchequer Secretary

The Chancellor and other Treasury Ministers regularly meet with a range of businesses to inform policy development on a wide range of topics, including on how to increase productivity.

Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at: https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel

On the specific issue of incentivising employees, the Government has asked Matthew Taylor to conduct an independent review of modern employment practices; this will include consideration of how employers can best inform and consult their workers.

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