Open mobile menu

12 April 2017

Update

Industrial Strategy must address weaknesses and build on strengths in UK economy

CBI set to respond to Government’s industrial strategy green paper which will be available on the CBI website from Tuesday 18 April 2017

Image of Industrial Strategy must address weaknesses and build on strengths in UK economy

Since the publication of the green paper, the CBI has consulted with over 500 members, large and small, from different sectors up and down the country.

The response was overwhelming – CBI members are extremely supportive of a modern industrial strategy. They agree with the high level goals, and believe the Government has identified the right issues and asked the right questions.

The 10 pillars outlined in the green paper were broadly welcomed as the starting point for a transformative industrial strategy.

In its submission to government, the CBI will set out the need for the UK to remain a leading global economy by putting in place a focused set of measures which will make the UK one of the most productive, innovative and equal societies in the world.

The CBI will argue that a modern industrial strategy will allow the UK to address the weaknesses and build on the strengths in the economy.

Addressing the urgency of the challenge as the UK stands on the threshold of a new wave of technology development, the CBI will set out how artificial intelligence and the advance of robotics represent huge opportunities for productivity and growth but also challenges to the modern workplace and the relationship between Government, society and business

The CBI will be submitting it’s proposals in response to the Green Paper in the coming days. It will be available on our website from Tuesday 18th April 2017 or you can read more about it in the next Business Update.

For further information please contact emma.roberts@cbi.org.uk

Related tags

Related news