The UK government has established a new Industrial Strategy Advisory Council, bringing together business leaders from across the country to provide expert advice.
According to the government, the Industrial Strategy aims to strengthen the UK’s pro-business environment, attracting more internationally mobile investment while encouraging domestic businesses to expand and scale up. It will also focus on supporting high-growth sectors and regional clusters with the greatest potential over the next decade.
Anna Leach, Chief Economist at the Institute of Directors, welcomed the initiative:
“We support the launch of the Industrial Strategy Advisory Council, which will provide independent advice and recommendations as the government shapes its strategy. It’s vital that businesses play a central role in delivering the UK’s growth ambitions. A well-designed industrial strategy that prioritises stability, long-term planning, and targeted investment can be a powerful driver of economic growth.
Additionally, it’s encouraging to see the council tasked with holding the government accountable through data, analysis, and reporting. We look forward to working with the council to create an environment where businesses can thrive.”
Info obtained hereÂ
