UK to Launch 10-Year Industrial Strategy to Boost Economic Growth and Innovation

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The UK government is preparing to unveil a landmark 10-year industrial strategy next week, designed to accelerate economic growth, support innovation, and create high-quality jobs across the country.

The multibillion-pound plan will focus on strengthening priority sectors such as clean energy, advanced manufacturing, life sciences, and digital technology. It aims to position the UK as a global leader in high-growth industries while addressing long-standing challenges in productivity and regional inequality.

Spearheaded by Prime Minister Keir Starmer as part of his administration’s wider Plan for Change, the strategy outlines a long-term vision to modernise the country’s economic foundation. It includes significant investment in skills development, infrastructure, and research and development, with an emphasis on public-private collaboration.

Central to the plan is an overhaul of the UK’s skills system to better align training and education with the needs of future industries. The government also plans to introduce targeted measures to attract private capital, foster innovation clusters, and support homegrown startups scaling globally.

Officials say the strategy will provide businesses with the policy certainty and stability they need to invest, innovate, and grow over the next decade.

The full strategy is expected to be published next week, accompanied by sector-specific roadmaps and investment commitments.


Prime Minister Keir Starmer Picture by Simon Dawson

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