Business Secretary Kwasi Kwarteng

#PlanforGrowth: New Innovation Strategy sets out plans to put UK at front of global innovation race 

Long-term plan to boost private sector investment across the UK and create the right conditions for all businesses to turn world-leading science into new products and services, and cement the UK’s position as a world-leader in science, research and innovation.

New plans to boost private sector investment to put the UK at the front of the global innovation race have been set in a new Innovation Strategy launched by Business Secretary Kwasi Kwarteng today (Thursday 22 July).

Today’s Innovation Strategy is the Government’s long-term vision to put innovation at the heart of building back better, as a key pillar in Plan for Growth.

It aims to boost private sector investment in R&D across the whole of the UK, and create the right conditions for all businesses to innovate so they have the confidence to do so.

The Innovation Strategy describes how Government will address skills gaps that prevent businesses from reaching their full innovation potential.

Interventions include:

  • launching the second project of the Emerging Skills Programme,
  • further exploration of how the Skills Value Chain could be adopted by government and the innovation ecosystem, and
  • enhancing Innovate UK’s role in skills development so they play a pivotal role in addressing the emerging skills gaps.

Building on what was laid out in The Skills for Jobs White Paper in January 2021, today’s publication sets out how the skills and innovations systems will better link up and ensure that:

‘[…] our training pipeline is delivering the full skills complement that our innovation ecosystem needs’.

The Gatsby Foundation will continue to work in this area by supporting centres of innovation to work with industry and training providers to expand industry’s capacity to foresight its emerging skills needs.

This will develop a shared view of how skills of the future workforce can be developed to enable business to take advantage of new and emerging technologies, the opportunities of innovation, and more productive systems and practices.

The UK is committed to increasing annual public investment on R&D to a record £22 billion, but the private sector also plays a key role in boosting spending on R&D, which is an essential part of our country’s future prosperity and key to achieving key domestic priorities, from tackling climate change and boosting productivity, to levelling up opportunities across the UK and supporting businesses out of the pandemic.

The strategy outlines how the Government will focus its efforts to support businesses and institutions at the cutting edge of innovation, setting out plans in four areas:

  1. Unleashing Business – fuelling businesses who want to innovate by ensuring effective access to private and public investment.
  2. People – creating the most exciting place in the world for talented innovators.
  3. Institutions and Places – ensuring R&D institutions serve the needs of businesses and promoting innovation in places across the UK.
  4. Missions and Technologies – stimulating innovation in technology and missions that will provide the UK with a strategic advantage and will be critical to tackling some of our greatest challenges.

Business Secretary Kwasi Kwarteng said:

“The UK can look back on a proud history of changing the world through innovation. From the industrial revolution to the vaccine development of the past year, the impact on our everyday lives is undeniable.

“That spirit of discovery is still alive in this country today, but we have not always turned our genius for innovation into jobs and companies here in Britain.

“The countries that secure leadership in such transformational technologies will lead the world, enjoying unrivalled growth, security and prosperity for decades to come – and it’s our job to ensure the UK keeps pace with the global innovation race.

“Through this long-term plan, we want to rekindle our country’s flame of innovation and discovery, helping businesses to seize the vast opportunities that innovation can bring.

“If we get this right, we can build the foundations for the new industries of tomorrow, and ensure British firms are at the front of the pack to turn world-leading science into new products and services that are successful in international markets.”

A detailed strategy for levelling up through research and innovation will be set out as part of the Government’s forthcoming Levelling Up White Paper.

Through the Innovation Strategy the Government will:

  • increase annual public investment on R&D to a record £22 billion; 
  • introduce new High Potential Individual and Scale-up visa routes, and revitalise the Innovator route to attract and retain high-skilled, globally mobile innovation talent;
  • expand IP education programme for researchers and launch International IP Services to bolster innovative companies’ and researchers’ ability to confidently collaborate, export and invest overseas.
  • publish a new action plan on ‘Standards for the Fourth Industrial Revolution’, promoting standards that enable innovation to flourish;
  • support 30,000 senior managers of small and medium sized businesses through Help to Grow: Management to boost their business’s performance, resilience, and long-term growth.
  • Devise training to upskill the next generation of lenders, supporting them in their ability to assess risk when lending to innovative businesses.
  • Publish the National AI Strategy to support businesses and the public sector to responsibly adopt AI.
  • Set up the Government Office for Technology Transfer to support public sector organisations in identifying wider uses for their innovations.

The Government will work with universities and other research organisations, charities, Catapults, public sector research establishments and research and innovation institutes who will all play a key role in implementation of the Strategy.

Sector Reaction

Jeremy Silver, Digital Catapult CEO, said:

“It's good to see the Innovation Strategy published today; it will really help to bring together public and private expertise and investment, driving adoption and diffusion of next-generation technologies and industrial digitalisation. 

"Investing in innovation is how businesses grow, create new jobs, become globally competitive, enrich local communities, and boost the economy across the country.  

"Through our programmes, we have been supporting digital responses to the pandemic and helping companies accelerate back to growth. 

“We’ve been developing new digital solutions for manufacturing supply chains that enable greater resilience through transparency and trust in data, and we've worked with UK startups on our Made Smarter Technology Accelerator - one of which is predicting that their AI-based solution will help an average shop floor operator recoup more than 10,000 hours of lost production per year. 

"We have also helped a number of  companies take immersive experiences all the way from concept to the top 10 on the Oculus Quest store - and, in 2020 alone, in our acceleration programme, we helped around 90 deep tech early stage growth businesses raise over £320 million in private investment."

The Gatsby Foundation welcomes the focus on emerging skills development and the adoption of the skills value chain approach set out in the Government’s new Innovation Strategy, as a Gatsby Spokesperson said: 

"We welcome the announcement in the Strategy that a further project will be launched later this year to explore further how the Skills Value Chain could be adopted by government and the innovation ecosystem – including by Catapults and Innovate UK.

"Gatsby will continue our work in this area by supporting centres of innovation to work with industry and training providers to expand industry’s capacity to foresight its emerging skills needs.

"This will develop a shared view of how skills of the future workforce can be developed to enable business to take advantage of new and emerging technologies, the opportunities of innovation, and more productive systems and practices.

"We also welcome the recognition that FE can play an important role in the innovation ecosystem whether that is through Institutes of Technology (IoTs) collaborations between further education colleges, businesses and universities delivering emerging skills or the recently announced College Business Centres (CBCs) providing innovation support to local businesses. "

The Innovation Strategy will be warmly welcomed by universities and businesses alike

Dr Joe Marshall, Chief Executive of NCUB said:

“We are very pleased that the Innovation Strategy recognises the pivotal role businesses will play in developing the UK into a science superpower. We know that in order to meet the target of spending 2.4% of GDP on research and development (R&D) by 2027, businesses will need to invest £17.4bn more in R&D in 2027 than they did in 2017. A bold strategy is therefore unnegotiable in order to make the UK the best place in the world to invest.”

Marshall continued: “Although the Innovation Strategy sets out a clear vision and strategy focused around “innovation missions” and seven ‘strategic technologies’, it is critical that this is now backed with clear, funded policies and incentives to enable it. A strategy alone, is not enough. We are now calling on the Chancellor to deliver this clarity in the Comprehensive Spending Review, planned for later in the year. The UK’s universities and businesses will stand ready to support the Government on this.”

Marshall concluded: “Businesses tell us time and time again that the foundations of the research system, including the fundamental research conducted in the UK's world-leading universities, are one of their most important drivers for investing in R&D. As a next step, the Government must find a way to bind the R&D Roadmap published last year and the Innovation Strategy published today, together. Afterall, economic recovery rests on the Government, businesses, universities, and others working together to create the best possible environment for growth.”

UK Research and Innovation’s Chief Executive, Professor Dame Ottoline Leyser, said:  

"UK Research and Innovation funding through the Strength in Places Fund brings researchers, industry and local leadership together in outstanding collaborative programmes that catalyse significant economic growth.

“The projects funded in this round are excellent illustrations of how local partnerships in research and innovation can contribute to building an inclusive knowledge economy for the UK."

Strength in Places Fund panel chair, Dame Kate Barker, said:

“The Strength in Places Fund, led by UK Research and Innovation, is unique as it is the only UK funding programme that provides place-based investment in research and innovation activity to support sustained and significant local economic growth across the UK.

“These five projects have the potential to deliver research and innovation that will transform activity within their target industries, in a way that is deeply rooted in local strengths and well linked to wider local economic plans.” 

Greater Manchester business leaders respond to Innovation Strategy and funding for Rochdale’s Advanced Machinery and Productivity Institute (AMPI)

Juergen Maier, Joanne Roney and Councillor Neil Emmott have responded to the Innovation Strategy launched today by Business Secretary Kwasi Kwarteng, which includes £22.6m in funding for the Advanced Machinery and Productivity Institute (AMPI) in Rochdale.

Juergen Maier, Chair of the Greater Manchester Graphene, Advanced Materials and Manufacturing Alliance (GAMMA) and Innovation Greater Manchester steering group member, said:

 “We welcome the plans outlined by the Government, which recognise innovation must be at the forefront of our plan for growth.

“It is fantastic to see the Advanced Machinery and Productivity Institute (AMPI) receiving further support. The AMPI will create a centre of manufacturing excellence in and around Rochdale, and will be a major asset for the manufacturing sector in the wider North. It is a prime example of what can be achieved when partners from industry, academia and local and national government work together.

“Through Innovation Greater Manchester we have a blueprint for replicating this approach across our city-region, with Innovation Zones across our towns and cities creating jobs, attracting investment and generating world-changing ideas.

“The Prime Minister said in his Levelling Up speech that areas should come forward with a plan underpinned by strong, accountable leadership – that is exactly what we are doing through AMPI and the wider Innovation Greater Manchester vision.”

Joanne Roney, Greater Manchester Combined Authority (GMCA) Lead Chief Executive for Economy, said: 

“Supporting innovation will be crucial to our national ambitions of levelling up the country and sustaining the economic recovery beyond the pandemic.

“To fulfil the ambitions it has set out, the Government must commit to working closely with regional partners to ensure places can reach their full potential. Innovation Greater Manchester is our blueprint for harnessing the innovation that already goes on – a dynamic partnership driving benefit from the research excellence of our universities and creating new high-quality employment across the city-region.

“From the Industrial Revolution through to the development of graphene, Greater Manchester has been a global centre for advances in science and technology. Today we have world-class assets in areas like health innovation and advanced materials, as well as digital and low carbon, and stand ready to support the jobs and industries of the future.”

Councillor Neil Emmott, leader of Rochdale Borough Council, said:

 “The incredible AMPI project, which received another boost earlier this year from the Towns Fund, will be a game changer. It will transform our borough into a major centre of activity for advanced machinery, which will see the National Physical Laboratory, universities and companies all come together to harness cutting edge technology and create hundreds of highly skilled jobs on our doorstep.

“These types of projects are often the preserve of big cities, but from our days as a global leader in the textile trade, we’ve always liked to do things differently here. That’s why we’re working hard through our growth plan to futureproof our economy and keep bringing those new and rare opportunities into the borough.

“I’m proud that the council, Rochdale Development Agency, local businesses and education partners have worked together with the Greater Manchester Combined Authority and the National Physical Laboratory to make this project a reality. It has been an incredible boroughwide effort, but its impact will be felt on a regional and national scale.”

Supporting businesses and institutions at the cutting edge of innovation including through a series of ‘innovation missions’

Academy President Professor Sir Jim McDonald FREng FRSE said:

“The Innovation Strategy is a timely and powerful publication. With businesses responsible for the majority of innovation and R&D done in the UK it is welcome, and somewhat refreshing, to have a strategy so focused on the objective of boosting innovation by private sector firms.

“With pressures on public finances, the impact of the COVID-19 pandemic on businesses, and growing global competition, supporting businesses to manage the risks associated with R&D and encourage innovation is a way of securing our future growth and reaping the returns from our investment in research.

“A multitude of factors influence businesses’ ability to undertake innovation and responsibility for these is spread across the whole of the government, from skills to export and beyond. The Strategy recognises this. Its successful delivery will be rely on a whole-government approach to implementation, and this must also include action to ensure the long-term sustainability of the research base.

“I am pleased to see Innovate UK feature strongly and be identified as crucial to increasing innovation in the UK. I hope this recognition will be matched with a long-called-for uplift in budget, and multi-year commitment to funding, so that the highly accomplished new CEO can realise the agency’s full potential. Ambitions for public procurement and to unlock the potential of pension funds could be transformative, though as recent history proves, challenging to deliver.

“Now government must engage with the businesses and entrepreneurs who can make its innovation ambitions a reality and ensure that government spending decisions are equal to its vision for an innovation-led low-carbon economy that delivers benefits across the country.”

Government will specify ‘innovation missions’ to set clear direction, urgency and pace 

The Strategy identifies areas where the UK has globally competitive R&D and industrial strength and that will transform our economy in the future - Advanced materials and Manufacturing; AI, Digital and Advanced Computing; Bioinformatics and Genomics; Engineering Biology; Electronics, Photonics and Quantum; Energy and Environment Technologies; Robotics and Smart Machines.

Our partners in the innovation system will be critical to delivering our ambitions, and the Business Secretary has asked Innovate UK and UK Research and Innovation (UKRI) to operationalise this Strategy in order to achieve our shared objectives.

The pandemic has shown us that major challenges can be resolved by ambitious investment in science, technology, innovation and entrepreneurship, and has shown the public what British innovators can deliver when given ambitious support, freedom, and risk tolerance.

The strategy takes lessons learned from the pandemic, including from the UK’s Vaccine Taskforce – where the public and private sectors successfully worked alongside each other – and applies them find solutions to fundamental challenges facing the UK - including the relative decline in business R&D investment, skills gaps and the need for pro-enterprise regulatory environment to spur innovation.

To achieve this aim, the Government will specify ‘innovation missions’ to set clear direction, urgency and pace on the issues confronting the UK that we want to tackle with the private sector in the coming years. These will be determined by the new National Science and Technology Council and supported by the Office for Science and Technology Strategy.

The Government is also outlining seven strategic technologies to prioritise and build on our existing R&D strengths, including clean technologies, robotics, genomics and AI, where the UK has globally competitive advantage and industrial strength.

£127m of R&D funding will boost local economic growth across the UK

As part of efforts to ensure innovative business across the UK can capitalise on these strengths, five pioneering projects will receive a share of £127 million through the Strength in Places Fund, delivered by UK Research and Innovation (UKRI):

  1. In the North of England, £22.6 million will help the Advanced Machinery & Productivity Initiative to drive innovation for the UK’s advanced machinery manufacturers to put them at the cutting edge of emerging technologies such as robotics.
  2. In the Midlands, £18.3 million is being awarded to the Midlands Industrial Ceramics Group to improve manufacturing processes in advanced ceramics. The funding will help to make ceramics manufacturing to become more energy-efficient, faster and cheaper.
  3. Working in Scotland and Cumbria, £21.3 million of funding will be awarded to the Digital Dairy Value-Chain project which will create a more sustainable dairy industry by combining digital communications and advanced manufacturing.
  4. In Wales, the media.cymru project will bring together UK broadcasters, small local businesses and freelancers to research and develop new products and services for global markets thanks to £22.2 million of funding from the fund.
  5. And in Northern Ireland, £42.4 million will help the Smart Nano NI project to speed up the development of new nano-scale optical components to power our future digital devices.

From digital dairy farming to media and nano-manufacturing to greener ceramics, five new projects will boost economic growth in Northern Ireland, the Midlands, the north of England, Scotland and Cumbria, and Wales.

Announced today in support of the government’s ambitious new Innovation Strategy, the major research and innovation projects combine industry, local leadership and research and innovation expertise to help maximise an area’s potential and drive productivity.

The projects will receive a share of £127m government funding from UK Research and Innovation’s flagship Strength in Places Fund (SIPF) and as a result will leverage over £110m from research organisations, businesses, and local leadership.  

The projects are led by consortia based in the Belfast-Derry/Londonderry corridor, Stoke-on-Trent, Rochdale, Edinburgh and Cardiff.

  • Northern Ireland: The Smart Nano NI Consortium will bring together organisations from across Northern Ireland to create and test smart and nano-manufacturing products, boosting the economy and increasing skills in local communities.
  • Midlands: The Midlands Industrial Ceramics Group will develop streamlined processes to bring new, advanced ceramics technologies to market faster, with less energy usage and lower carbon emissions, leading to jobs growth of 4200 by 2030.
  • North of England: The Advanced Machinery & Productivity Initiative will stimulate and support rapid growth in the UK's machinery manufacturing sector, generating 560 local jobs, including 120 new apprenticeships and increase exports by over £130m.
  • Scotland and Cumbria: The Digital Dairy Value-Chain will renew and decarbonise the area’s dairy industry, creating more than 600 new jobs and add £60m to the annual output of the local economy.
  • Wales: media.cymru will accelerate growth in the Cardiff Capital Region's media sector, driving inclusive, sustainable economic growth, create 2000 jobs and an additional £236m in GVA by 2026.

Each project will deliver a range of long-term benefits for regional and local economies and communities including jobs, skills provision, a more competitive and modern industry, better quality of life, and more.

The projects have all been under development with seed-corn funding from UKRI since August 2020. Thanks to the full-stage award announced today, they can now unlock their full potential, with projects to be delivered over the coming years. 

SIPF is a competitive funding scheme that funds collaborative bids from diverse consortia of publicly funded research organisations, businesses, and local leadership, to undertake research and innovation that will have a demonstrable impact on local economic growth.   

SIPF is a key part of how UKRI, the UK’s research and innovation funding agency, has responded to the importance of ‘Place’ as part of the government’s “levelling up” agenda and directs its investment to create real, lasting impact. A cross-council UKRI programme, SIPF is primarily delivered by Research England and Innovate UK in partnership with the higher education funding bodies of Wales, Scotland and Northern Ireland and the Office for Students.  

In addition to the Strength in Places Fund, £25 million of funding for the Connecting Capability Fund will help drive further economic growth through university-business innovation, and eight new Prosperity Partnerships will establish business-led research projects harnessing the power of science and engineering to develop transformational new technologies that benefit companies, with £59 million of industry, university and government investment.

Through the Innovation Strategy the Government will:

  • increase annual public investment on R&D to a record £22 billion; 
  • ensure government procurement is proactive and supportive, providing a route to market for innovative new products and services.
  • consult on how regulation can ensure that the UK is well-placed to extract the best value from innovation;
  • commission the Regulatory Horizons Council to consider how best to support innovation through regulation, including looking whether there are a set of high-level guiding principles for regulation that may apply broadly to any sector of innovation;
  • introduce new High Potential Individual and Scale-up visa routes, and revitalise the Innovator route to attract and retain high-skilled, globally mobile innovation talent;
  • undertake an independent review to assess landscape of UK organisations undertaking all forms of research, development and innovation;
  • reduce complexity for innovative companies by developing an online finance and innovation hub between Innovate UK and the British Business Bank within the next 12 months;
  • expand IP education programme for researchers and launch International IP Services to bolster innovative companies’ and researchers’ ability to confidently collaborate, export and invest overseas.
  • publish of a new action plan on ‘Standards for the Fourth Industrial Revolution’, promoting standards that enable innovation to flourish;
  • invest £200 million through the British Business Bank’s Life Sciences Investment Programme to target the growth-stage funding gap faced by UK life science companies;
  • support 30,000 senior managers of small and medium sized businesses through Help to Grow: Management to boost their business’s performance, resilience, and long-term growth.

In addition, through the Innovation Strategy the Government will:

  • Devise training to upskill the next generation of lenders, supporting them in their ability to assess risk when lending to innovative businesses.
  • Government will engage closely with pension funds and the investment industry to understand the scope for industry-led initiatives that take advantage of innovation investment opportunities.
  • Establish £10 million innovation seed fund to provide early-stage patient capital for high-potential businesses.
  • Reduce complexity for innovative companies by developing an online finance and innovation hub between Innovate UK and the British Business Bank within the next 12 months.
  • Provide a £50 million package for innovation infrastructure projects.
  • Launch a consultation on the potential value of and options for a national capability in ‘cyber-physical infrastructure’.
  • Commission the Regulatory Horizons Council to consider how best to support innovation through regulation, including looking whether there are a set of high-level guiding principles for regulation that may apply broadly to any sector of innovation.
  • Extend the reach of the “Agile Nations” network to make it easier for businesses to introduce and scale innovations across international markets.
  • Consult on reforms to ensure that the competition framework is effective for an innovative modern economy and on setting up a new, pro-competition regime for digital markets 
  • Publish the National AI Strategy to support businesses and the public sector to responsibly adopt AI.
  • Expand IP education programme for researchers and launch International IP Services to bolster innovative companies’ and researchers’ ability to confidently collaborate, export and invest overseas.
  • Consult on the protection of inventions and creations made by AI with minimal human input.
  • Develop innovation chapters in Free Trade Agreements.
  • Ensure government procurement is proactive and supportive, providing a route to market for innovative new products and services.
  • Establish a UKRI-wide Commercialisation Funding Framework to simplify support, minimise bureaucracy and embed best practice so the best ideas can be commercialised.
  • Innovate UK will continue to strengthen its provision of support for commercialisation capability.
  • Launch Help To Grow: Digital to support 100,000 small businesses to adopt digital technologies that will save them time and money, helping them recover from the pandemic.
  • Expand Innovate UK EDGE, working alongside Growth Hubs in England, and programmes delivered by Scottish Enterprise, Invest Northern Ireland, and the Welsh Government to accelerate growth in the UK’s most innovative businesses.
  • Allocate £8 million announced in February 2021 to continue Made Smarter Adoption in the North West of England and to begin scaling-up support in the West Midlands, North East of England and Yorkshire & the Humber for the adoption of advanced industrial digital technology amongst manufacturing SMEs.
  • Innovate UK will include the adoption and diffusion of cutting-edge innovation in its objectives.
  • Set up the Government Office for Technology Transfer to support public sector organisations in identifying wider uses for their innovations.

Plan for Growth: Rishi Sunak and Kwasi Kwarteng set out the key pillars of investment that the government will focus on as we build back better 

30th Mar 2021: This letter from Chancellor Rishi Sunak and Business Secretary Kwasi Kwarteng to businesses on the government’s Plan for Growth comes ahead of the second meeting of the Prime Minister’s Build Back Better Business Council (30 March 2021), which will be one of the ways that the government engages with business to drive forward the Plan for Growth.

How to make 2021 the ‘year of economic recovery’

The key pillars of investment that the government will focus on as we build back better from the pandemic, create jobs and drive forward key government priorities:

In the last 5 years, the UK’s economic environment has changed, bringing new opportunities and challenges for our businesses. We have legislated to end our contribution to climate change by 2050, we are forging a new path outside of the European Union and we continue to fight the COVID-19 pandemic. Creating and supporting jobs and helping to drive growth in existing, new and emerging industries is the government’s central economic focus. That is why we are transitioning the Industrial Strategy into our plan for growth and its related strategies.

The plan for growth builds on the best of the Industrial Strategy from 2017 and makes the most of our strengths right across the economy. It refreshes and goes further than ever before on critical policies and guides the government’s longer-term growth strategy as we build back better, so we can unite and level up the country, support our transition to net zero by 2050, and seize the new opportunities of a Global Britain as an independent nation.

Backed by 3 pillars of investment as the foundation of our economic recovery – infrastructure, skills and innovation – we can put the UK at the forefront of opportunities and give businesses the confidence they need to invest and grow.

  1. Investing in infrastructure drives long term productivity improvements, and in the short term stimulates economic activity. The UK has historically under-invested in infrastructure, but we are fixing that, as set out in our National Infrastructure Strategy. The government has already announced record investment in broadband, flood defences, roads, rail and cities as part of our plans to spend £100 billion on capital next year and more than £600 billion on gross public sector investment over the next 5 years.

  2. The best way to improve people’s life chances is to give them the skills to succeed. The UK has a strong foundation of advanced skills, but lags behind international comparators on technical and basic adult skills. The government is transforming Further Education, encouraging lifelong learning through the Lifetime Skills Guarantee, and building an apprenticeships revolution.

  3. Innovation drives economic growth and creates jobs. The UK has a world-leading research base, which will be boosted by the government’s significant uplift in R&D investment and the creation of the Advanced Research and Invention Agency to fund high-risk, high-reward research. However, too few businesses are able to access the tools they need to translate new ideas into new products and services and to challenge established businesses. We will make the UK the best place in the world to start and grow a business. That means having access to capital, skills and ideas, as well as a smart and stable regulatory framework.

However, not all growth is created equal.

This government will focus on achieving three priority objectives:

  1. Our most important mission is to unite and level up the country: tackling geographic disparities; supporting struggling towns to regenerate; ensuring every region and nation of the UK has at least one globally competitive city; and strengthening the Union.

  2. We will enable our transition to net zero, driving growth that is green by delivering our Ten Point Plan for a Green Industrial Revolution and taking action to fulfil our commitment to be the first generation to leave the natural environment in a better condition than we found it.

  3. And our plan for growth will support our vision for Global Britain, welcoming international investment to create new jobs, role modelling free and fair trade, and taking advantage of the opportunities available to us now we have left the European Union.

We are still taking forward the best elements of the Industrial Strategy, including continuation of existing Sector Deals and reviewing the Grand Challenges and missions through the upcoming Innovation Strategy. This government remains committed to its industrial sectors. The plan for growth is a whole of government approach to that – making the most of our collective strengths right across the whole economy.

Over the next 12 months we will follow up the plan for growth with an Innovation Strategy, as well as strategies for net zero, hydrogen and space. We will also develop a vision for high-growth sectors and technologies, putting the UK at the forefront of opportunities and giving businesses the confidence to invest, boost productivity across the UK and enable our transition to net zero.

The government is, and will continue to be, a champion of the needs of business and industry as we build back better from the pandemic. We will work closely and collaboratively with key stakeholders to ensure that our plans address challenges faced by business and grasp opportunities for future growth. That is why we have convened the Build Back Better Business Council, to draw on the expertise of industry and government to ensure that the plan for growth is delivered successfully, and in partnership with business.

Kind regards,

Chancellor Rishi Sunak and Business Secretary Kwasi Kwarteng

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We have a range of education podcasts on FE News, from hour long full production FE podcasts such as SkillsWorldLive in conjunction with the Federation of Awarding Bodies, to weekly podcasts from experts and thought leaders, providing advice and guidance to leaders. FE News also record podcasts at conferences and events, giving you one on one podcasts with education and skills experts on the latest strategies and developments.

We have over 150 education podcasts on FE News, ranging from EdTech podcasts with experts discussing Education 4.0 and how technology is complimenting and transforming education, to podcasts with experts discussing education research, the future of work, how to develop skills systems for jobs of the future to interviews with the Apprenticeship and Skills Minister.

We record our own exclusive FE News podcasts, work in conjunction with sector partners such as FAB to create weekly podcasts and daily education podcasts, through to working with sector leaders creating exclusive education news podcasts.

Education Video Interviews

FE News have over 700 FE Video interviews and have been recording education video interviews with experts for over 12 years. These are usually vox pop video interviews with experts across education and work, discussing blue sky thinking ideas and views about the future of education and work.

Events

FE News has a free events calendar to check out the latest conferences, webinars and events to keep up to date with the latest education news and strategies.

FE Newsrooms

The FE Newsroom is home to your content if you are a FE News contributor. It also help the audience develop relationship with either you as an individual or your organisation as they can click through and ‘box set’ consume all of your previous thought leadership articles, latest education news press releases, videos and education podcasts.

Do you want to contribute, share your ideas or vision or share a press release?

If you want to write a thought leadership article, share your ideas and vision for the future of education or the future of work, write a press release sharing the latest education news or contribute to a podcast, first of all you need to set up a FE Newsroom login (which is free): once the team have approved your newsroom (all content, newsrooms are all approved by a member of the FE News team- no robots are used in this process!), you can then start adding content (again all articles, videos and podcasts are all approved by the FE News editorial team before they go live on FE News). As all newsrooms and content are approved by the FE News team, there will be a slight delay on the team being able to review and approve content.

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