In a new policy statement Building Britain’s future – New industry, new jobs, BERR identifies key areas where Government action can keep investing in growth and jobs to speed recovery and build the manufacturing and services that the UK needs for the future.
Business Secretary Lord Mandelson said: “The world’s economy, emerging from the downturn, is set to double in size creating major new opportunities for British business. But global competition is getting tougher and technological change is happening faster. We can’t afford to stand back as other countries invest and skill-up to win in high-value markets and sectors.”
He said the Government would help high innovation firms get the financing they need as well as a coherent strategy for making sure Britain has modern infrastructure to help it build a stronger economy.
The policy statement highlights how the Government will have a key role in setting up a policy framework that will see the UK moving to a low carbon economy. It also states that the UK will need “an environment, from the planning system to independent economic regulation, which secures the infrastructure investment the country needs”.
This summer the Government will consult on the first National Policy Statements setting out a view of what new infrastructure is needed, to improve the planning process for nationally-significant infrastructure projects. These statements will set the policy framework for the Infrastructure Planning Commission in considering and deciding applications.
In the months ahead, BERR plans to set up a clear programme for adapting Britain’s energy to link homes and businesses to the new forms of power generation, including renewables, and for helping them to reduce their energy demands.
Secretary of State for Innovation, Universities and Skills John Denham said: “To emerge from the recession quickly and strongly we need to maximise the opportunities for the UK economy in areas where we know Government action will have a big effect like low carbon technology, manufacturing, construction and healthcare.
“By making key decisions, buying goods and services and regulating, Government shapes and creates future markets, new business opportunities and the demand for skilled jobs.