Business leaders urge government to create productivity watchdog
by Larry Elliott Economics editor from Economics | The Guardian on (#394SG)
Employers' groups say it is vital the new industrial strategy is underpinned by a powerful overseer to monitor progress
Business leaders have warned that the government's new industrial strategy risks being blown off course unless ministers create a powerful independent watchdog to monitor progress in boosting Britain's weak productivity.
While welcoming a white paper detailing five areas where the UK's economic performance needs to improve, employers' groups said it was vital Greg Clark, the business secretary, gave "teeth" to a planned advisory council.
Related: White paper to set out industrial strategy in bid to boost UK productivity
Related: Industrial strategy is welcome, but good intentions are never enough
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