Manufacturing Industries: Government Assistance

(asked on 1st June 2026) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what support his Department is providing to manufacturers.


Answered by
Chris McDonald Portrait
Chris McDonald
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 9th June 2026

Last year this government published our 10-year Modern Industrial Strategy, setting out our long-term approach to strengthening domestic capability. Alongside it, Government published the Advanced Manufacturing Sector Plan, which outlines both sector-specific and cross-cutting measures – including on energy, skills, innovation, tech adoption and access to finance - to make the UK the best place to start and grow a manufacturing business. Through this plan, Government committed £4.3 billion to support manufacturers over 5 years, including up to £2.8 billion for R&D alone, alongside £4 billion in funding available from the British Business Bank Industrial Strategy Growth Capital and £27.8 billion available from the National Wealth Fund to help manufacturing business access the finance they need to expand.

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