Greg Clark

UK Productivity Council Created Following Autumn Statement Promise

UK Productivity Council Created Following Autumn Statement Promise

A UK Productivity Council has been created to help support small businesses and drive the country’s productivity rate – following last week’s announcement that a £23bn National Productivity Investment Fund was to be established. The proposal to create a such a council has been spearheaded by several UK business leaders in conjunction with leading industry bodies including the Confederation of British Industry (CBI) and the Institute of Directors (IoD). The council will be private sector led and will receive £13m in seed funding from the government, phased over three years. The council will have an advisory board, a chief executive and a leadership team of around five people, be supported by up to 15 staff, and draw on the industry knowledge and expertise of business leaders who have ... »