On Monday 23rd January the Department for Business, Energy and Industrial Strategy released a substantial green paper setting out the governments approach to reforming British industry. This green paper set out 10 broad-ranging 'pillars' that together constitute the departments Industrial Strategy.
Several of these pillars, and the detail in the governments green paper, build significantly upon the recommendations within the Manufacturing Commissions last report on 'Industrial Evolution' authored by Prof. Steve Evans of the Institute for Manufacturing and Chi Onwurah MP the shadow minister for Industrial Strategy. Some of the recommendations, especially around energy efficiency, decarbonisation, and publicly funded R&D, are addressed significantly by the government.
The All-Party Parliamentary Manufacturing Group welcome the govenments new push towards an Industrial Strategy as a way of guaranteeing long term stability for the sector, enocuraging inward investment, securing jobs, and driving innovation. Chris White MP, co-chair of the APMG has been a long-time advocate of the policy and recently opened a parliamentary debate on the topic.
Barry Sheerman MP, co-chair of the APMG said:
Pleased to see that Northern Powerhouse appears to have survived in Industrial Strategy challenge to make it happen!— Barry Sheerman (@BarrySheerman) January 23, 2017
The EEF, an APMG member, also said: