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The Green Paper is a consultation Paper seeking views with the aim to publishing a finalised Industrial Strategy, alongside Sector Plans for the growth-driving sectors, in Spring 2025, aligned with the multi-year Spending Review.
The Governement state that the Strategy is unreservedly pro-business, engaging on complex issues that are barriers to investment, like skills, recruitment of international talent, data, R&D, technology adoption, access to finance, competition, regulation, energy prices, grid connections, infrastructure, and planning – all through the lens of promoting investment.
The UK Government as part of the build up to the multi year spending review will focus on the eight sectors which offer the highest growth opportunity for the economy and business.
In the period up to spring 2025 subsectors within these broad sectors, will be prioritised, that meet government objectives and where there is evidence that policy can address barriers to growth. This will enable targeted Sector Plans to be designed in partnership with business, devolved governments, regions, experts, and other stakeholders.
The Green Paper is appended to bottom of this Document.
Guildford has businesses in several of the above eight sectors. It is to be hoped that key organisations such as the Research Park, Borough Council are commenting and helping to evolve plans.
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