Industry
(asked on 4th November 2025) - View Source
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, if he will publish the sectoral analysis his Department undertook before selecting the IS-8 sectors in the Modern Industrial Strategy, published on 23 June 2025.
Answered by
Blair McDougall
Parliamentary Under Secretary of State (Department for Business and Trade)
The methodology for selecting the IS-8 sectors has already been published.
The Invest 2035 Green Paper (published on GOV.UK in October 2024) identified 8 high-level ‘growth driving’ sectors (the IS-8): Advanced Manufacturing, Clean Energy Industries, Creative Industries, Defence, Digital & Technologies, Financial Services, Life Sciences, and Professional & Business Services. Pages 18-20 of Invest 2035 outline the methodology for identifying the IS-8 sectors.
Subsequently, the Technical Annex of the Modern Industrial Strategy 2025 (published on GOV.UK in June 2025) outlined the methodology for identifying the frontier industries within the IS-8 sectors.