EEF comments on industrial strategy announcement

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Commenting on the Prime Minister’s announcement today about the Government’s plans for a modern industrial strategy fit for global Britain, Terry Scuoler, CEO of EEF, the manufacturers’ organisation, said:   

“Today’s announcement sends a strong signal that industry’s calls for a modern, comprehensive and robust industrial strategy have not fallen on deaf ears. The strategic pillars outlined today touch upon some of the key weaknesses, areas of concern and opportunities for business which, if tackled, will provide a huge tonic to Britain’s future economic growth. Government and industry must now work together to meld these pillars into a strategic framework that will deliver measurable, demonstrable results.

“The right industrial strategy will provide the springboard for future British economic success. It must live up to the promise of driving different behaviours and outcomes for the British economy, which requires the whole of Government working together to support it with clear leadership from the Prime Minister and her Cabinet. The fact that the PM has unveiled these plans herself suggests that this message too has successfully landed.”

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