Brown urges more output from industry

Friday 20 October 2000 00:00
Comments

Chancellor Gordon Brown put pressure on industry today by urging an increase in productivity levels.

Chancellor Gordon Brown put pressure on industry today by urging an increase in productivity levels.

Mr Brown said employers and unions must work together if the country is to achieve faster economic growth without stoking inflation.

He has written to them asking them to the Confederation of British Industry and the TUC asking them to co-operate.

His plan includes the creation of working groups to address such issues as skills shortages and workplace training; long-term under-investment in industry; the spread of technology; industrial relations and the standard of British management.

The Chancellor believes these measures will to close the "productivity gap" with the UK's main industrial rivals.

Improving productivity is expected to be one of the key themes of his Pre-Budget Report which he is due to make soon after the House of Commons returns next week.

He has asked the two sides of industry to come forward with proposals in time for inclusion in his next Budget in March.

In his letter to the CBI and TUC, Mr Brown said: "This is a moment of opportunity. The challenge for our country - to seize it - is now underway."

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Please enter a valid email
Please enter a valid email
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Please enter your first name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
Please enter your last name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
You must be over 18 years old to register
You must be over 18 years old to register
Opt-out-policy
You can opt-out at any time by signing in to your account to manage your preferences. Each email has a link to unsubscribe.

By clicking ‘Create my account’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Join our new commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in