The Industrial Strategy white paper contains a pledge of around £12.5 billion in public research and development funding and comes as a leading life sciences company announces a new British hub. 1 These are all highlighted in the 2017 Industrial Strategy White Paper. If the next revolution is really AI and robotic it could produce an even more polarized society. (& in that sense is exactly the same as the previous point). The Industrial Strategy is underpinned by what it calls the 'Four Grand Challenges' - the response to global changes in technology and industry, which are to: https://mainlymacro.blogspot.co.uk/2017/11/disentangling-uk-productivity-problem.html. I hope the next revolution is kinder to the bottom 50% than the last. Offering minimal impact on your working day, covering the hottest topics and bringing the industry's experts to you whenever and wherever you choose, LexisNexis ® Webinars offer the ideal solution for your training needs. The great UK invention of the 1960s? The Government published its Industrial Strategy White Paper last month and these are the mains points that have been summarised. Choose from thousands of icons and stock photos, engaging font styles and attractive layouts for a highly-polished design. In December 2020 the government published the 'Energy White Paper: Powering our net zero future', which included an increase in the ambition of the Industrial Clusters Mission. This leaves the connection – household to duct. Since the initial January consultation, there has been some internal re-arranging of priorities with the original ten pillars of Industrial Strategy morphing into "five . It should then take ownership of the local fibre network (ref: Sweden – local network owned by local gov). ), We will promote overseas investment in the UK’s clean economy and strengthen our support for UK exporters through better identification of overseas opportunities, industry briefings, overseas missions, pavilions at key international events and campaigns for sectors and industries that are delivering clean growth…. Parts of the UK economy are unusual in having underdeveloped domestic supply chains. In a key part of the Strategy, the UK is positioned as bursting with ideas (which it might be) and the core problem is correctly identified as turning ideas into successful UK companies (and UK employment). Go and develop a product or invent a technology, put it in the market, manufacture it in the UK, sell it in the UK and abroad. I think we need to open the discussion out – for example: what should British industry look like? We have a long history of bringing transport innovation to the world. Their motto seems to be our business is promoting Danish business. The white paper sets out a long-term vision for how the UK can 'build on its economic strengths', improve its productivity performance, embrace technological change and increase UK… The emerging shale gas industry offers the prospect….of rising civil disturbances and the criminalisation of increasing sections of the population for very modest gains. In addition, we will fund a new Major Road Network to improve connectivity by targeting funding at strategically important local authority ‘A’ roads, Self-drive cars will lead to an overall reduction in car ownership. In the wake of the spate of recent business collapses the Department of Business, Energy and Industrial Strategy (BEIS) has published a White Paper titled "Restoring trust in audit and corporate governance". RAS and associated digital technologies are now seen as enablers of this critical food chain transformation. Productivity is a good measure of how well (or not) human and other resources are being used. By taking a lead in the UK, we can increase our ability to export. Heathrow Airport has invested more than £11bn in the last decade including building the new Terminal 2 and Terminal 5. The industrial strategy White Paper identifies five foundations for boosting productivity and earnings throughout the UK - ideas (innovation), people (skills), infrastructure, business environment, and place. The UK Government's Industrial Strategy White Paper, published in November 2017, focuses on several key technologies of the future, in order to promote innovation and future economic performance. Transforming construction, up to £170m* – The way we create our buildings has not changed substantially in 40 years and needs a drastic overhaul if it is to deliver the buildings that the UK needs. of UK banks lend to the property sector. The small number (4?) Thanks for taking the time to read the article & for providing useful data. Which is why the building trade depends on non-UK people? Separate each address with a semi-colon (;) Example: name1@company.com; name2@organisation.com From . The government proposals (to do nothing) are reminiscent of Health and Safety Policy documents – full of fine sentiments and promising nothing. All content is available under the Open Government Licence v3.0, except where otherwise stated. What notable investments has this government made? The White paper gives little acknowledgement of this, but why would it, this de-industrialisation is the product of successive neoliberal (Tory/Tory-lite) governments.”, https://www.ons.gov.uk/economy/economicoutputandproductivity/output/datasets/indexofproduction. Development of Heathrow is a subsidy for the middle classes of SE England & inconsistent with all gov climate change objectives. We’d like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. Governments in successful economies have recognised their strategic power and leadership role, allowing them to coordinate and convene efforts to develop and disseminate new technologies and industries. (& EV manufacture? Hence the “Industrial Strategy is a shopping list”  is the only approach the Tories can take or indeed understand.. The first is an unwillingness to change building systems/methods – legislation is needed to change these attitudes. The chambers have been tasked with making sure the white paper's "local skills improvement plans . Note that the £400m is a 50/50 split – gov – private (although this is only mentioned later in the doc). “Firing” one gov’ & replacing it with another would not change things – there would still be no I.S. Industrial Strategy White Paper expected before end of 2017, says Juergen Maier. Until UK govs, start supporting UK companies & in some cases protecting them – the same old same old will happen – promising UK companies snapped up by overseas competitors – capitalism red in tooth and claw. NONE. The rest is history and one which was repeated in almost all UK industrial sectors – a failure of management to plan, a failure to invest, a failure of British finance markets to encourage British companies to invest. As for “Vodafone and CityFibre” – it will cherry pick the most profitable locations – which is what the private sector does (and who would blame them?). Is there a problem with promoting the UK’s clean economy to the UK finance sector? many thanks for this. These five concepts serve as the organising principles of the document - rather than . Industrial Strategy White Paper—building a Britain fit for the future? This equates to half of all the steel made in Britain at present. It also observed that 'the United Kingdom has greater disparities in regional productivity than Precision die-casting needs investment in machines able to do undertake this. The document clearly sees higher education (universities etc.) The company said the plan would play an important role in delivering the vision for 'clean growth' outlined in the UK Government's Industrial Strategy White Paper released today (27th November). Industrial Strategy White Paper.3 Under the banner of 'Grand Challenges', it identified four social issues to be prioritised: AI & Data-Driven Economy, Clean Growth, Future of Mobility and Ageing Society.4 Each Grand Challenge was assigned missions to drive implementation. Workers in China can assemble your iPhone, but they cannot serve your lunch, collect your refuse, or bathe your grandmother. To those such as myself that have over many years followed various attempts by government to get defence industrial strategy right you can imagine the surprise that we got on first setting eyes on Paul Drayson's Defence Industrial Strategy (DIS) White Paper of December 2005. None of this is addressed. Fixed capital investment is another factor important to productivity growth. It recognized the need for tailored policies rather than a one-size-fits-all "competitiveness" package, and made sustainability an explicit objective of industrial policy. The aim of the Industrial Strategy was to boost productivity by backing businesses to create good jobs and increase the earning power of people throughout the UK with investment in skills, industries and infrastructure. That the writers of the “Strategy” think that the City has a role to play in the UK’s industrial revival – shows the depths of their delusional thinking. UK Prime Minister Theresa May today launched her government's much-anticipated blueprint for boosting productivity and wages while blazing a trail . As this article, http://blogs.lse.ac.uk/businessreview/2017/11/24/budget-2017-productivity-is-the-focus-but-fixes-are-unlikely-to-be-enough/. A tactical document would flow from the strategy & might break down into several papers on different subjects/sectors. Too late – this train has left the station. Is that something to be proud of? Thank you Peter & Charles for your comments. From an ideological perspective this makes sense, since to pose fundamental questions (what went wrong) would expose much of the hollowness of the government’s ideology and activity (or lack thereof) wrt to the economy over the last 40-odd years. I see an analogy here. But it will be worrying for Greg Clark, secretary of state for business, energy and industrial strategy and BEIS (his department) that it . We are one of the world’s great financial centres, yet growing businesses sometimes face difficulty in accessing finance. Scale for UK companies is never achieved, they are taken over before this is achieved. Which is why the NHS could not function without non-UK people? The document talks about climate change – the above goes in the opposite direction. On the 27 November the Government published its long-awaited Industrial Strategy White Paper: setting out plans to boost the economy and the productivity of the UK. LexisNexis Webinars . (guess – ATOS? The problem is a regulatory problem which successive Tory & Tory-lite governments have never been able or willing to address – how to control private monopolies (answer – make them public monopolies – in most cases it worked well for 40 years). That’s an increase in output, a significant one, not a decrease. we live our lives as workers, citizens and consumers is being transformed across The emerging shale gas industry offers the prospect of creating jobs, enhancing the competitiveness of downstream sectors and building up supply chains. To help us improve GOV.UK, we’d like to know more about your visit today. Building on the work of the Faraday Battery Institute and the Office for Low Emission Vehicles programme, we have announced a package to support the transition to zero emission vehicles. The role of the government is not to pick favourites and subsidise or protect them; rather, it is to ensure that the British business environment is shaped by competition and contestability in which the best businesses of all sizes can thrive. This white paper is a modest effort to guide governments in their development of a national strategy for AI. Wanting a future agreement with the EU & getting it (given the current crew in gov) are two entirely different things. 70% of Heathrow passengers are middle class from SE England. In turn, the language of economic policy - productivity, innovation, competitive advantage, regulation - hardly sparks the imagination.. Today's launch of the UK Government's Industrial Strategy White Paper should help shift these perceptions. The City may have a deep pool of capital – but it is not the sort of capital that is interested in funding (for example) an SME  metal basher in Birmingham. In 1979 there was hardly an inch of waterside on both sides of the Tyne that was not occupied, we are talking about 30 mile here of continuous factories, shipbuilding, machines docks etc. Check out Venngage for the best white paper templates and much more! Hi Mike However, I think you missed the point of the article completely. Easy. I fire incompetent employees, I do NOT give them further opportunities to screw up. I feel the main problem is a lack of long-term joined-up thinking. The Transforming Cities Fund, announced in last week's Budget, will provide £1.7bn to improve transport connectivity within city-regions . no problem). The Strategy takes a descriptive, almost scatter-gun approach,  to describing small amounts of government activity. (reason? Business-based flying is in decline. More than 2,000 companies from industry and businesses sectors replied to those propositions. The UK’s investment rate is lowest in the G7. The installation of fibre in these ducts is trivial. Guaranteeing Hinkley Pointless £100/MWh (& rising) will make things worse. maximise the advantages for UK industry from the global shift to clean growth. King-Smith concluded: "ElecTech looks forward to working with the government, alongside other vertical and specialist industry sectors, to ensure the UK's future industrial strategies evolve . LexisNexis Webinars . May 15, 2019 - Design a captivating economic strategy white paper and more with this Green Industrial Strategy White Paper Template. We have updated the Grand Challenge missions with information on progress. In our latest blog, Lukasz Szpruch, Programme Director for Finance and… Liked by Shami Ahmed. We will therefore make world-leading changes to the regulatory framework, including updating our code of practice for testing automated vehicles to allow developers to apply to test their vehicles nationwide without a human safety operator and carrying out a project with the Law Commission to set out proposals for a long-term regulatory framework for self-driving vehicles. Making things easier for foreign companies (hi Amazon, Apple etc etc) to get into the UK and (given HMRC downsizing) not pay taxes. The government just got in the way (UKTI, HMRC, UKgov, yes you). The value of the manufactures exported by developed economies is mostly derived from the talents of organisation and design we associate with services. The “UK” is a location where EVs might be made – but they ain’t made (in any meaningful volume) by British companies. ARM is now Japanese owned – after it was sold by, amongst others, UK pension funds. Industrial 00 Six ideas for more effective Local Industrial Strategies. In contrast the UK “foreign office” (nice offices BTW – why not sell them – I’m sure you would get a good price – after all everything seems to be for sale in the UK) seems to be a dab hand at selling weapons – but little else (& in fairness what else does the UK have?). Industry now waits for the publication of the Industrial Strategy White Paper, which will take account of input from broad range of interested parties. It will take only 2 minutes to fill in. BT’s networks down to local level are all ducted. strategy and taking certain actions to execute it. We recognise that our industrial electricity costs are currently higher than those of our competitors. T he country is rightly proud of its Armed Forces, and recognizes the vital contribution they make to ensuring our Dyson and JCB are exceptions. Who supplied the “platform”? You can change your cookie settings at any time. In December 2020 the government published the ‘Energy White Paper: Powering our net zero future’, which included an increase in the ambition of the Industrial Clusters Mission. The Industrial Strategy White Paper sets out the government's ambition to make the UK the best place to start and grow a business7. In 2016, the UK had the most attractive environment for infrastructure investment when compared to 25 international competitors. Industrial Strategy. The “Industrial Strategy” mixes strategy with tactics, with the latter overwhelming any sense of strategy. 29 November 2017. (oh I’m sure they do “consultations” – or should that be “insultations” – i.e we have already made up our minds but have to go through the motions). Neither does it give consideration as to what other countries do. The new ambition aims to deliver four low carbon clusters by 2030 and at least one net zero cluster by 2040. The answer with respect to “where are the innovative UK companies” is simple enough. Missing – any mention of helping British companies to make cars? These products needed limited machining and allow the economic production of multi-cylinder and by definitioon more powerful motorbikes (6 cylinders? Through the EU Horizon 2020 we have received 20 per cent of all awarded European Research Council(ERC) grants73; we are a ‘top five’ collaboration partner for all member states in the Horizon 2020 programme; True, but with Brexit, the collaboration with EU partners is finishing. Information about "progress so far for the Ageing Society Grand Challenge" updated in the "The Grand Challenge missions" policy paper. Don’t include personal or financial information like your National Insurance number or credit card details. The index of production (approximately, manufacturing, energy and mining output, adjusted for inflation) is about 25% higher today than it was in 1979. The 5 foundations support our vision for a transformed economy. The proposals set out how: The . Significantly good news for US-based (mostly Calif) suppliers of hardware and software. As usual a plaster to cover a gaping wound and plenty of meaningless sound bytes and in this case bamboozle them with document length. Meeting ministers. It never has and the current gov never will (after all – why would you want to learn anything from a “bunch of bloody foreigners”). White Paper. The broad view is that these strategies should aim to 'boost productivity, earning That’s why the Green Investment Bank (GIB) was sold to some Australian parasites (Macquarie) – so that the UK could have world-leading capabilities? In footballing parlance, it is as if England repeatedly and deliberately keeps scoring own goals whilst saying “ha! It raises a number of concerns. What follows are extracts from the White paper and comments. In the 4 years since the strategy was published, the UK’s business and economic environment has changed. It is understandable why the document is structured in the way it is.. This is a pathetic situation for a G7 country. Commentary and analysis from Howard Wheeldon FRAeS on the 2005 Defence Industrial Strategy. Germany has 2000 regional banks – which lend to the German mittlestand. Physical labour incorporated in manufactured goods is a cheap commodity in a globalised world. Here’s an idea. Separate each address with a semi-colon (;) Example: name1@company.com; name2@organisation.com From . Industrial Strategy White Paper Foreword from the Secretary of State We are at one of the most important, exciting and challenging . The Government published its widely anticipated Industrial Strategy White Paper this week that set out the Government's plan to create an economy that boosts productivity and earning power. Partnerships between the government and industry on sector-specific issues. In conclusion, the White Paper on industrial strategy is an important step forward. The government published its Industrial Strategy White Paper on Monday 27 November 2017, which can be downloaded here.A summary of the key #IndustrialStrategy policies can also be found here.. Latest Industrial Strategy: the Grand Challenges We need to transform construction so that we can create affordable places to live and work that are, safer, healthier and use less energy. People with tenure are being judged not on academic results (papers etc) but on revenue generation. Obviously the wind farms generate profits for Dong – said profits going to … the Danish state all generated by UK citizens. Or continue the UK government policy of favouring anything but British companies? As part of our approach we are developing ambitious missions to tackle these Grand Challenges. Don’t include personal or financial information like your National Insurance number or credit card details. Britain is extraordinarily well-placed Now mostly parkland and luxury flats. In this white paper we're seeking views on proposals to strengthen the UK's framework for major companies and the way they are audited. As a rapidly developing technology, AI will have an impact on how enterprises produce, how consumers consume and how governments deliver services to citizens. Industrial Strategy White Paper expected before end of 2017, says Juergen Maier. The government has published a white paper outlining a new 'ambitious' Industrial Strategy, which aims to boost the UK economy and 'embrace the opportunities of technological change'. To help us improve GOV.UK, we’d like to know more about your visit today. We have a government that is not just incompetent on Brexit but in other areas as well. begging the question – what strategic goals? The language of mission-based policy, We are also making progress towards delivering much-needed new airport capacity in the south east. ensuring the UK continues to be a world leader in the development, manufacture and use of these vehicles. Industrial Strategy: Exploring data on knowledge exchange, research and skills Industrial Strategy Council Research Paper Abigail Whiteley, Katy Haigh and Dan Wake September 2020 . If the gov were serious it would fund the whole thing itself – with the proviso – only British workers, only British materials & equipment. However, the sector succesfully lobbies against against any changes using the simple expedient of money (withheld donations). -many most are in the City of London working in “finance”). The Industrial Strategy White Paper published yesterday offers five foundations, four grand challenges, several sector deals and some 255 pages of detailed analysis and action. Example: if you have ever wondered why Japan came to dominate motocyles the answer lies in “precision die-cast horizontally split crankcases”. When the UK government published the white paper Industrial Strategy: Building a Britain Fit for the Future towards the end of 2017, business groups gave it a . Read more on Industrial Strategy November 2017 Collaboration nation. This prompted The Engineer to focus attention on the thoughts of its readers and their opinions on the latest attempt to focus . For the most part they do not lend to industry. The LEP has been tasked with leading a Local Industrial Strategy that builds on our strengths and assets to deliver local growth. The equipment in the picture was out of date when I was at school in the 1960s. Energy analysis: Following the government publishing its Industrial Strategy White Paper in November 2017, Maria Connolly, head of energy and renewables at TLT, says the focus on 'clean growth' should see renewable and flexible technologies becoming the 'backbone of the modern energy system'. It includes: Business secretary to announce creation of watchdog to monitor progress of white paper goals as biotech investment revealed. The problem is that Universities are being transformed into money making machines rather than places where original thinking can take place. what kind of portfolio of industries and sectors should exist? An Industrial Internet Consortium White Paper Claude Baudoin (OMG), Erin Bournival (Dell Technologies), Erich Clauer (SAP SE) CONTENTS . I can only do this sort of analysis, Mike when I’m as angry as you must be. Governments can make long-term investment that no single commercial or academic player can take alone.The modern nation state is the most powerful means we have of pooling risk.We are willing to take these risks, which means accepting not all will work out successfully. Industrial strategy white paper. As already noted, this is not a strategy document, it is a shopping list. Our white paper sets out a long-term plan to boost the productivity and earning power of people throughout the UK. that will teach them”. Or do we leave it all to chance and a little bit of subsidy here or there to attract foreign capital & provide employment? This white paper sets out proposals to strengthen the UK's framework for major companies and the way they are audited. A friend at Rockwool was in Bulgaria other week. Universities play a key role in the delivery of the strategy, marking the culmination of nearly two decades of policy reviews that have continually . We are at one of the most important, exciting and challenging times in the history of global enterprise. The focus is global, not national/regional. White Paper: Stratification of Industrial Land in Metro Vancouver August 2018 Page 2 1 Introduction 1.1 Purpose of Paper Metro Vancouver is coordinating the development of a Regional Industrial Lands Strategy. Thanks Mike. If the industrial problems facing the UK were properly identified & acknowledged (instead of being hidden behind understatement and half truths) it would become apparent that there needs to be root & branch reform of the banking system, how monopolies are controlled and how to ensure that British companies are funded and protected as they grow. No breakdown of what gov spends (of £600bn) and private sector & in what areas. The “great & the good” – no citizen involvement. Public Law. Summary of White Paper The Government sets out five foundations of productivity - Ideas, People, Infrastructure, Business Environment and Place. The Industrial Strategy White Paper sets out how the government is investing to establish the UK as the world's most innovative economy. Our investments in infrastructure, and our decisions on procurement, are among the government’s most significant interventions in the economy. Small innovative companies are snapped up by large (less innovative) companies. Begging the question – why is it the Danish government sees an advantage owning an off-shore wind company? I think most of us have been aware of this number for years and it is a comparative decline and feels like a very real decline here in the North. This needs local banks with local understanding. Through this Sector Deal, the government is proposing to commit £10m, matched by industry, to implement a new supply chain productivity improvement programme Supply Chain 21 Competitiveness and Asset strippers – people that identified undervalued British listed companies, took them over and broke them up.
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