Earlier this year the government published a Green Paper, Building an Industrial Strategy. Trade associations and companies were invited to respond with their thoughts on the key policy areas, or “pillars”, that the government had identified as being fundamental to the success of the UK economy.
The PSSA provided its input via its membership of the UK’s Security and Resilience Industry Suppliers Community (RISC). RISC is an inclusive alliance of trade associations and bodies which represent the UK’s security and resilience sector. The purpose of RISC is to act as an umbrella association in order to reduce the fragmented way in which the Government engages with the security and resilience sector, and to work with Government through the Home Office (Office for Security and Counter Terrorism) and other departments and agencies, on national security and resilience issues. The RISC response included suggestions for priority areas for science, research and innovation investment, for what the UK can do to create an environment that supports the commercialisation of ideas, how innovation can be encouraged through public procurement and how government can improve its support for new and existing exporters.
Rob Oliver, PSSA
“The Green Paper sets out a structure for the development of government policy and is welcome. However, it is one thing to recognise that as a country “we must to better” and another as to how we do it. The Industrial Strategy is likely to be the work of a full parliament and we will keep PSSA members briefed on initiatives which may benefit their businesses.”
10 Pillars of Industrial Strategy
1. Investing in science, research and innovation.
2. Developing skills.
3. Upgrading infrastructure.
4. Supporting businesses to start and grow.
5. Improving procurement.
6. Encouraging trade and inward investment.
7. Delivering affordable energy and clean growth.
8. Cultivating world-leading sectors.
9. Driving growth across the whole country.
10. Creating the right institutions to bring together sectors and places.