Source · Select Committees · Business and Trade Committee
Recommendation 30
30
Accepted
Government's industrial strategy commitments require translation into concrete action for success.
Recommendation
The Government has sent a positive message in their commitment to cross- departmental co-ordination, engagement with regional leadership, and announcement of an Industrial Strategy Council. However, if the industrial strategy is to be successful, this needs to be translated into concrete action when the strategy is published. (Conclusion, Paragraph 134)
Government Response Summary
The government commits to putting the Industrial Strategy Council on a statutory footing via an upcoming IS Bill, with clearly defined duties and functions, and ensuring continued engagement with Mayors.
Government Response
Accepted
HM Government
Accepted
18.1. Regarding the IS Council’s statutory status, the Government agrees that this is an important step to underpin the Government’s commitment to policy stability and longevity of the Industrial Strategy. The Industrial Strategy committed to putting the Industrial Strategy Advisory Council on a statutory footing when parliamentary time allows. 18.2. The IS Bill will include provisions to put the Industrial Strategy Council on a statutory footing, with clearly defined duties and functions, underlining our commitment to policy stability, continuity, and delivery of a 10-year plan. Legislation will also enable the Council to access government data more easily. 18.4. The Council has met with Mayors and will continue to engage with them as key stakeholders.