The journey to becoming the best place to invest, innovate and improve living standards.
One year ago today the government published its industrial strategy. The third in ten years. However, this strategy is different, because it comes at a time where the United Kingdom is at a crossroads to determine our post-Brexit future.
Last year, the government outlined in its industrial strategy the importance of business and government collectively working together to create a stronger, fairer economy to increase productivity across the entirety of the UK. This included creating the right conditions for enterprise to grow and create good jobs – and building a Britain fit for its future outside the EU.
Right approach
The current industrial strategy is the right approach, but we need to pick up momentum and working with the independent Industrial Strategy Council ensure it remains a truly long-term strategy for successive governments to embrace by measuring progress.
In the past year, there has been progress. The government has announced four grand challenges on major global tests