Industrial Strategy at a glance
Last week the government released the industrial strategy, which is designed to set out how the UK will have an economy which boosts productivity and earning power. The industrial strategy is built on five foundations of productivity: ideas, people, infrastructure, business environment and places.
This news article contains a brief overview looking at the key policy’s within the industrial strategy in each of the five foundations of productivity. .
Also included is a document which gives details around the industrial strategy but also looks at the impact and opportunities for the West Midlands. Such as the Midlands becoming a ‘test bed’ for driverless cars, £2.3 billion granted towards innovation within the Midlands and £1.9 billion of local growth funding to the Midlands to help national economic success. These are just a few opportunities, the full document can be found below.