Industry

(asked on 7th September 2016) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to prepare an industrial strategy as a result of the UK's decision to leave the EU.


Answered by
Nick Hurd Portrait
Nick Hurd
This question was answered on 16th September 2016

The focus on a proper industrial strategy provides a once in generation chance to embrace the opportunities of our new global role and upgrade our economy so it works for everyone. We will work with the breadth of British industry, local leaders, innovators, employees and consumers to create the conditions for future success across the UK.

The economic recovery of recent years means that our economy is better able to withstand the challenges of exiting the European Union. Our industrial strategy will support and encourage companies to trade internationally, create a business environment that will attract overseas investors to locate for the long term and identify and maximise the opportunities from leaving the European Union.

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