Source · Select Committees · Business and Trade Committee
Recommendation 13
13
Paragraph: 62
When launched in 2017, the fundamental purpose of the Industrial Strategy was to address poor...
Conclusion
When launched in 2017, the fundamental purpose of the Industrial Strategy was to address poor productivity in the UK, particularly outside of the South East. However, improved productivity was not itself a Grand Challenge or mission of the strategy. This may have contributed to a sense of the Strategy’s complexity and lack of clear purpose.
Paragraph Reference:
62
Government Response
Acknowledged
HM Government
Acknowledged
14. The 2017 Industrial Strategy consisted of several core programmes, including Sector Deals, Grand Challenges and Missions, Foundations and Local Industrial Strategies. Delivery of ongoing aspects of the 2017 Industrial Strategy will continue, with some programmes continuing in their current form and other policies being evolved as part of the Plan for Growth.