Engaging Decision Makers

Invest 2035 – The UK’s Modern Industrial Strategy: Shaping the response for the East Midlands

Government & Policy, Economy

18/11/2024 2:00 pm

18/11/2024 3:30 pm

Online

Chamber Members: Free

Non-members: Free

Book a place

Online

For further information on this event, please contact: The Policy Team on 0333 320 0333 or email policy@emc-dnl.co.uk

Description

The government is currently going out to public consultation to inform the development of their new industrial strategy: their proposed plan to ease the investor journey and create long-term, inclusive, secure and sustainable growth. The final industrial strategy will be published in spring 2025, alongside the multi-year spending review.

The consultation closes on the 24 November.

Overview

This meeting will provide delegates with a precis of the main, salient, elements of the Green Paper.

It will also serve to gather evidence that the Chamber can provide to government when submitting our response.

The Strategy is based on eight “growth-driving” sectors:

– Advanced Manufacturing
– Clean Energy Industries
– Creative Industries
– Defence
– Digital and Technologies
– Financial Services
– Life Sciences
– Professional and Business Services

We hope that attendees will bring to the meeting some thoughts and evidence relating to the questions below, which can be used to develop the Chamber’s response to the Green Paper Consultation.

1. How should the government identify the most important subsectors and technologies?
2. What are the most significant barriers to investment?
3. People and Skills – barrier in accessing the right skills, what UK government policy solutions need to be deployed and how do we achieve a step change in employer investment in training?
4. What are the barriers to R&D commercialisation?
5. What policy solutions could best address issues in planning, infrastructure and transport and encourage more co-investment?
6. What are the barriers to increasing electrification?
7. What are the main factors that influence businesses’ investment decisions and what are the main barriers faced when seeking finance to scale up?
8. How can international partnerships support the Industrial Strategy?
9. What public/private sector interventions are needed to make industrial sites “investment ready”?
10. How should the Industrial Strategy align with devolved government economic strategies?

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