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IoD welcomes ‘joined-up’ thinking on industrial strategy

23 Jan 2017

railway workers joining track

In response to the publication of the Government’s ‘Building our Industrial Strategy’ Green Paper, James Sproule, Director of Policy at the Institute of Directors, said:

“It’s encouraging that the Governments’ new industrial strategy takes a joined-up approach, with measures on skills, infrastructure and research designed to complement each other and support an agile, innovative economy. The UK has considerable strengths, but in areas like education, transport and our broadband network, improvements are needed to make sure the country is ready to meet the future.

“While the industrial strategy should be seen in the context of the UK’s long-term competitiveness, rather than just relating to Brexit, now is a good time to think about how we create an economy that can adapt to change.

“The emphasis on STEM skills, better careers advice and lifelong learning are all very welcome. As automation and an ageing population reshape the jobs market, there is a pressing need to make it easier for people of all ages to train and re-train flexibly. These are changes that will take time to take effect, so it is important that the Government seeks an immigration policy that avoids skills shortages, which would hold firms back.

“Ministers should be commended for taking a consultative approach on these issues, we hope they will continue to listen to businesses across the country as they develop their plans.”

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