CBI: Industrial strategy

Industrial strategy

A coherent industrial strategy is needed to rebalance the UK economy towards trade and investment and help us secure a sustainable industrial future

In 2012, the CBI argued in its Playing our Strongest Hand report that government needed to be more strategic about how it got behind champion sectors of the economy where the UK has existing strengths and sees significant strategic opportunities in the future.

Government responded to this challenge by setting out plans to develop a UK industrial strategy, including working with 11 sectors to develop sector strategies and industry leadership councils.

Through its industrial strategy campaign, the CBI is holding government and business to account on delivery. One year on, a new report, Raising the Bar, highlights that while progress has been made, we need to be even more ambitious about our industrial strategy looking forward to ensure we are positioned for long-term success in the global economy.

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