ECONOMIC GROWTH

Turning ambition into action: Delivering the Industrial Strategy

Responding to the recent publication of the Industrial Strategy, Jason Longhurst says policy changes 'are important, but to truly embrace a ‘form follows function' approach we must shift our focus to planning and delivery'.

   © Wang An Qi / Shutterstock

The publication of the Modern Industrial Strategy has laid the groundwork to support long-term growth, not just in this Parliament but beyond. Many months in the making, it has provided some clarity and reassurance across its eight growth sectors (IS-8), outlining approaches that will bolster the UK economy and foster partnership between industry and government.

 However, as is often the case with the publication of such far-reaching policy documents, the hard work is yet to start with the onus now on the public and private sectors to expand on the ‘what' and clearly demonstrate the ‘how'. If unlocking investment, from both domestic bodies and in the form of Foreign Direct Investment, is so critical to growth, clearly mapping out how this Industrial Strategy will play out in real terms is key.

Popular articles by Jason Longhurst

SUBSCRIBE TO CONTINUE READING

Get unlimited access to The MJ with a subscription, plus a weekly copy of The MJ magazine sent directly to you door and inbox.

Subscribe

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Login

Already a subscriber?