HM Government

Year of publication: 2017

The Industrial Strategy is government’s blueprint for creating an economy that boosts productivity and earning power throughout the UK. It is based on five foundations of productivity:

  1. Ideas
  2. People
  3. Infrastructure
  4. Business environment
  5. Places

The Grand Challenges identified to put the UK at the forefront of industries of the future are:

  • Artificial Intelligence and the Data Economy
  • Future of Mobility
  • Clean Growth
  • Ageing Society

Policies of note include:

  • Use the £31bn National Productivity Investment Fund to invest in transport, housing and digital infrastructure
  • Sector Deals to boost specific sector productivity
  • Agree Local Industrial Strategies to build on local strengths
  • Invest £1.7bn in intra-city transport through the Transforming Cities Fund

Content type: Economy

Tags: Policy document

Industrial Strategy: Building a Britain fit for the future

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