Government promises more money to help raise UK’s ailing productivity rate

first_imgGovernment promises more money to help raise UK’s ailing productivity rateOn 11 Dec 2001 in Personnel Today The Government is to inject an extra £20m into manufacturing to helpstruggling employers. Trade and Industry Secretary Patricia Hewitt announced that the additionalfunds would be split between the DTI’s Partnership Fund, which promotes closerworking between employers and employees, and projects to improve supply chainsand productivity. Hewitt said the £20m was the result of recommendations from the TUC and theCBI, and would be used to spread best practice. The establishment of four more centres of manufacturing excellence was alsoannounced at a “manufacturing summit” in Birmingham to identify thespread of best practice in the East Midlands, South West, North East andYorkshire and Humberside. This additional £20m over the next two years builds on the £20m alreadycommitted to the promotion of best practice and the £5m promised to thePartnership Fund, bringing the total being spent in this area to £45m. Speaking in Birmingham, Hewitt said, “Where business and unions agreeon good ideas to raise productivity then the Government should look to backthem.” www.dti.gov.uk Related posts:No related photos. Comments are closed. Previous Article Next Articlelast_img read more