Source · Select Committees · Business and Trade Committee
Recommendation 5
5
Accepted
Paragraph: 39
Abolition of the Industrial Strategy Council suggests that the Government’s commitment to coordinated industrial policy...
Conclusion
Abolition of the Industrial Strategy Council suggests that the Government’s commitment to coordinated industrial policy that can withstand and benefit from independent scrutiny has waned. The Council’s abolition risks expanding the gap between Government and the industries that must deliver productivity improvements, economic growth and achieve the UK’s net zero target, as well as limiting the transparency of the Government’s industrial policy objectives and Post-pandemic economic growth: Industrial policy in the UK 49 progress.
Government response summary AI-generated
The government details its 'Build Back Better: our plan for growth,' outlining significant investments in infrastructure, skills, and innovation, alongside initiatives like the Advanced Research & Invention Agency and an Innovation Strategy, as its comprehensive approach to economic growth and productivity.
Paragraph Reference:
39
Government Response
The government responded to this report on 24 September 2021. No passage in that response could be matched to this conclusion. Read the response document ↗