Source · Select Committees · Business and Trade Committee
Recommendation 32
32
Rejected
Require Prime Minister to chair quarterly Growth Mission Board meetings and review strategy progress.
Recommendation
Finally, it is crucial that the industrial strategy and the wider growth mission has clear support from the Prime Minister. As such we recommend that the Prime Minister chairs quarterly sessions of the Growth Mission Board and that progress on the industrial strategy is reviewed at each such meeting that he chairs. (Recommendation, Paragraph 136) 76
Government response summary AI-generated
The government rejects the recommendation for the Prime Minister to chair quarterly sessions of the Growth Mission Board, stating that the Chancellor chairs the Board, and the Prime Minister engages with the Growth Mission via other means.
Summary of the government's response below — read the verbatim text to verify.
Government Response
Rejected
HM Government · verbatim extract
Rejected
17.1. The Regulatory Innovation Office (RIO) will play an important role in ensuring that regulation keeps pace with innovation so it supports rather than restricts fast-growing industries such as biotechnology, AI, and autonomous vehicles. There are not current plans to change the Department or scope of the RIO. 17.2. In addition, across the sector plans that were published in June (Clean Energy Industries, Advanced Manufacturing, Professional Business Services, Digital & Technologies, Creative Industries), we are setting out more than 30 regulatory changes to drive growth in priority areas. These reforms will also contribute to our commitment to cut the administrative costs of regulation by 25% by the end of this Parliament. 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. 19.1. Delivery is central to the Growth Mission. Across government, strong emphasis is placed on ensuring that key growth measures and projects are not only announced but actively progressed and implemented. 19.2. Delivering the Industrial Strategy is a core part of that. DBT and HMT are working with other government departments (OGDs) to establish strong delivery mechanisms to drive progress. These will be being aligned with existing Growth Mission governance, including the ministerial Growth Mission Board. 19.3. The Growth Mission Board (GMB) is a Cabinet committee which oversees and drive progress on the Growth Mission, including the Industrial Strategy. The Growth Mission Board is chaired by the Chancellor. The Prime Minister is not a member of the Board but engages frequently via other means with the progress of the Growth Mission, including the Industrial Strategy. The Prime Minister has made his strong support for the Industrial Strategy clear, recognising it as a pivotal moment for Britain’s economy.
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