An industrial strategy that will enable the UK to build on its strengths to create a vibrant economy that delivers long term benefits to every part of the country is proposed in a Green Paper published by the Dept for Business, Energy and Industry Strategy.

 

Designed to initiate a national conversation, ‘Building our Industrial Strategy’ sets out proposals for 10 ‘pillars’ that have been identified as driving growth.

 

  1. Investing in science, research and innovation.
  2. Developing skills – including by building a new system of technical education to benefit the 50% of young people who do not go to university.
  3. Upgrading infrastructure and better aligning central government infrastructure investment with local growth priorities.
  4. Supporting businesses to start and grow.
  5. Improving procurement including by using strategic government procurement to drive innovation and enable the development of UK supply chains.
  6. Encouraging trade and inward investment.
  7. Delivering affordable energy and clean growth.
  8. Cultivating world-leading sectors.
  9. Driving growth across the whole country.
  10. Creating the best structures to support people, industries and places.