The Prime Minister has launched a “strategic plan” to invest in Britain’s economic and industrial future.
Gordon Brown met business leaders in Loughborough this morning to outline some of the key areas identified for immediate reform, centred around innovation, skills, finance, infrastructure and trade.
Speaking at Loughborough University, the Prime Minister said:
“Our industrial policy is about a dialogue with business, leading to a consensus about what we in Britain need to do to face this global future, and then of course a partnership for the future that I believe is to the benefit of all.
“We have difficulties that we are overcoming, but we have also got enormous opportunities and challenges ahead. Working together, we can meet and master every challenge.”
The initiatives outlined in the policy statement, titled “Building Britain’s Future – New Industry, New Jobs”, aim to ensure high growth, high innovation firms get the financing they need as Britain moves out of the recession.
It will see more support for exporters by enhancing the role of UK Trade and Investment and the Export Credits Guarantee Department and support for “turning bright ideas into winning products in the marketplace”.
The initiative also aims for “smarter, more joined-up Government” to create a coherent strategy for modern infrastructure and networks in Britain.
The Government plans to back businesses in a range of markets and sectors, from pharmaceuticals to life-sciences and plastic electronics.
The Prime Minister also visited a company called Intelligent Energy in Loughborough and looked at fuel technology research laboratories at Loughborough University.
Read the policy statement: Building Britain’s Future – New Industry, New Jobs
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