The Greater Lincolnshire Local Enterprise Partnership has welcomed today’s launch of a major consultation on the Government’s new Industrial Strategy for the UK.

Today (Monday) the Prime Minister Theresa May is launching proposals for a modern Industrial Strategy to build on Britain’s strengths and tackle its underlying weaknesses to secure its future as a competitive, global nation.

The Industrial Strategy green paper sets out a plan to improve living standards and the economy by increasing productivity and driving growth across the whole country. To achieve that goal, the green paper sets out ten strategic pillars to underpin a new government approach:

  • Investing in science, research and innovation
  • Developing skills
  • Upgrading infrastructure
  • Supporting businesses to start and grow
  • Improving procurement
  • Encouraging trade and inward investment policy
  • Delivering affordable energy and clean growth
  • Cultivating world-leading sectors
  • Driving growth across the whole country
  • Creating the right institutions to bring together sectors and places

Ursula Lidbetter MBE, Chair of the Greater Lincolnshire LEP, said: “We welcome the launch of this major consultation on the new Industrial Strategy for the UK.

“It is important that businesses from all sectors in every part of the UK take this opportunity to have their say to ensure that we build an economy that works for everyone.

“As a LEP we will engage widely with partners and our sector boards to respond to the strategy. We believe that by developing a clear industrial strategy, Greater Lincolnshire's businesses will be best positioned to reach new markets, differentiate their business and boost their competitiveness.

“Our obvious strengths in manufacturing, renewables and food processing require the right conditions for growth, and within the strategy we will be looking for ongoing investment, the development of a skilled and productive workforce and a continuing focus on innovation.”

The Greater Lincolnshire LEP intends to arrange a series of consultations on the Industrial Strategy throughout 2017 seeking to ensure growth and opportunity across the area.