Reeves pledges to tackle productivity challenge at autumn budget

Rachel Reeves has pledged to tackle the UK’s productivity challenge at the budget this autumn.

The Chancellor Reeves said investment in infrastructure projects and reform of the planning system form part of the Government’s plans to boost the economy’s productive capacity.

“If renewal is our mission and productivity is our challenge, then investment and reform are our tools,” she wrote in an editorial for The Guardian newspaper.

The Government’s plans to cut red tape and shift responsibility away from councillors and towards expert officers are set out in its Planning and Infrastructure Bill, which is currently making its way through the House of Lords.

There is nothing progressive – nothing Labour – about an economy that is not productive and does not reward those who contribute Rach