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SWM Member response to the new Industrial Strategy

‘Invest 2035’ is the UK Government’s proposed 10-year plan for the economy. SWM request views from our members to feed into the public consultation.

The industrial strategy aims to deliver the certainty and stability businesses need to invest in the high-growth sectors and drive long-term economic growth. The final industrial strategy will be published in spring 2025, alongside the multi-year spending review.

To drive the UK Government’s growth mission, the strategy engages on complex issues, including:

  • Skills
  • Competition
  • Technology adoption

It seeks views on how challenges in these areas might be addressed.  

The strategy highlights the West Midlands as a burgeoning centre of modern industry and a cluster for advanced manufacturing, but that the area is not generating the growth and local prosperity that an urban area of its size should.

The strategy also focuses on existing specialisms in over one third of technologies needed for Net Zero and the rapid growth in global demand for low-carbon products.

This consultation closes at 11:59 on 24 November 2024 so we ask our members to submit their responses by the 20 November 2024.

Invest 2035

Find out more on the UK Government website

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