Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, if he has made an assessment of the potential merits of producing a new industrial strategy.

The Government is focused on action and has a clear plan to grow the economy and support high growth industries. The Chancellor has identified five key sectors: Digital Technologies, Green Industries, Life Sciences, Advanced Manufacturing and Creative Industries. Delivering growth in these sectors is a priority, and government has announced a £500 million per year package for 20,000 research and development intensive businesses and a £650 million war chest to fire up the UK’s sciences sector.