12 May 2016

News

An industrial strategy needs full Government and business backing

Speaking to a packed audience at the CBI Manufacturing Conference, Carolyn Fairbairn called on the Government to give its full backing to a modern Industrial Strategy in order to succeed in reversing the long-term decline of the sector.

She also called on business to work in partnership with the Government to embrace new long-term trends, particularly in digital, and to focus on developing the right skills in the sector, managing energy costs, and encouraging more R&D investment.

Carolyn’s full speech

The speech set the tone for the conference which took place at the University of Warwick on 5th May. The conference looked at how technology and innovation has revolutionised manufacturing, from business-customer interactions and supply chains, to developing more efficient processes and the creation of leading-edge products.

Martin Donnelly, the Permanent Secretary of the Department for Business, Innovation and Skills, gave a keynote speech, setting out the government’s commitment to supporting the UK’s manufacturing industry including on skills, apprenticeships and innovation as well as celebrating the successes of the Catapult network.

Sponsored by Lloyds and E.on, the conference the conference bought together 170 manufacturers and included panels on the latest technology trends in manufacturing as well as talks from companies who had embraced new processes and technologies. The day also offered opportunities for participants to share their own practical experiences.

For more information please contact nicola.hetherington@cbi.org.uk