Tories are failing on productivity growth - Jonathan Reynolds

Jonathan Reynolds MP, Labour’s Shadow Treasury Minister, commenting on today’s ONS productivity figures, said:

“Today’s productivity figures again confirm the Tories’ abject failure on productivity growth.

"The ONS says the ‘productivity puzzle’ remains, and there is little sign of an end to the UK’s productivity stagnation.

“Philip Hammond has admitted that the UK’s productivity gap is “shocking”, yet the Tories have no plan to confront the magnitude of the problem.

“Only Labour has a serious plan to invest in our future to raise our productivity and deliver on jobs, prosperity and rising living standards.”