Wanted by Brussels: A UK Productivity Tsar
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Your support makes all the difference.Britain will gain a new competitiveness and productivity "tsar" to help boost growth and job creation, under plans to be published today to revitalise the European economy.
Britain will gain a new competitiveness and productivity "tsar" to help boost growth and job creation, under plans to be published today to revitalise the European economy.
The post would be drawn from the ranks of government ministers and help sell the "Lisbon process" of EU-wide economic reform, which will be relaunched today by the President of the European Commission, Jose Manuel Barroso.
Like all 25 EU countries, the UK would set up a "National Action Programme for Jobs and Growth", adopted after discussions in Parliament and with employers and unions. Mr Barroso believes the creation of "a Mr or Mrs Lisbon at government level charged with co-ordinating the different elements of the strategy" is needed to push through promised reforms.
His paper also sidelines the original ambition which was for Europe to overtake the US in economic performance by 2010. Instead it talks of reviewing progress in three-year cycles. The plan calls for increased investment in research and development, better targeting of regional aid and state aid, structural reforms, reduced regulation on business and more liberalisation.
The British government will back today's document - apart from its calls for harmonisation of corporate taxation throughout the EU. Although the move needs unanimous agreement, a group of countries may decide to proceed themselves.
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