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

To ask Her Majesty's Government what assessment they have made of (1) the impact, and (2) the effectiveness, of the Industrial Strategy.

The majority of the 142 policy commitments in the 2017 Industrial Strategy are now in delivery phases, with around £45 billion of funding assigned to Industrial Strategy initiatives.

We have made progress strengthening the foundations of productivity, by investing in transport, housing, and digital infrastructure through the National Productivity Investment Fund. On skills, we have invested in maths, digital and technical education, and in September 2020 we introduced T-Levels.

The Grand Challenges and missions have strengthened the UK’s standing as a global leader in AI, clean growth, healthy ageing, and future transport technology, bringing Government together with industry to inspire and develop an Innovation Strategy that will improve lives and support our economy. This includes securing our landmark legislative commitment to end the UK’s contribution to climate change by 2050, while supporting our businesses to adapt to a decarbonised future.

We have brought industry along with us, publishing eleven Sector Deals across ten sectors – comprising over 170 individual commitments with £3.25 billion in combined investment from industry and Government, including Industrial Strategy Challenge Fund monies.