MP’s seven ways to boost living standards
Date published: 13 March 2015
BOOSTING the UK’s productivity is crucial to improving living standards, according to Oldham East and Saddleworth MP Debbie Abrahams.
Mrs Abrahams has responded to Institute for Fiscal Studies research that shows incomes remain below 2007-08 levels.
Mrs Abrahams said: “The report confirms working people are worse off since 2010. To help tackle this issue I’ve produced a report identifying seven drivers to boost UK productivity.
The report suggests incentivised business investment, universal access to high quality broadband, regional growth, innovative businesses, addressing skills shortfalls, public procurement and more exports.
Mrs Abrahams said: “Research shows small firms’ productivity levels began to turn a corner at the end of 2014, but there is still a long way to go.”
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