Source · Select Committees · Business and Trade Committee
Recommendation 43
43
Not Addressed
British business should be provided with a clear picture of the landscape in which it...
Recommendation
British business should be provided with a clear picture of the landscape in which it will operate in the post-Brexit and post-Covid-19 era. We recommend that the Government publish an overview of the scale and nature of its future relationship with industry to clarify the mechanisms it will use for investing in commercial innovation. This overview should set out principles by which the Government will seek to support businesses, particularly SME’s experiencing rapid growth. Further, the Treasury should set out its plans—as a co-owner of the new Plan for Growth—for modernising government procurement rules in the future. (Paragraph 171) Where now?
Government response summary AI-generated
The government generically recognises sectors undergoing rapid change but does not commit to publishing an overview of its relationship with industry, principles for SMEs, or Treasury plans for modernising procurement rules.
Summary of the government's response below — read the verbatim text to verify.
Government Response
Not Addressed
HM Government · verbatim extract
Not Addressed
73. In addition to BEIS’s Innovation Strategy, launched in July 2021, the Government has put in place a range of measures designed to support businesses, including those achieving or likely to achieve high growth. The support ranges from Government Strategies and Sector Councils to specific policies, such as the Future Fund: Breakthrough and programmes such as Help to Grow.
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