Green Paper on Industrial Strategy
As long-term members of the Manufacturing Technologies Association (MTA) we benefit from a great deal of useful information concerning the state of manufacturing in the UK. Last week I received the below email from Paul O’Donnell who is Head of External Affairs at the MTA and thought I would share it with you as it contains some very useful insight and analysis in to what Government policy has been regarding industry over the last 10 years and the new approach signaled by Theresa May’s Green Paper on Industrial Strategy. I have included the link to the Green Paper as I know the contents will be of great interest to many of you.
Monday saw the publication of the Government’s new Green Paper on Industrial Strategy. Industrial Strategy has been up and down the policy agenda for nearly ten years – ever since the financial crisis led politicians to start thinking about some questions about the role of the state in the economy which had lain dormant through the years of de-industrialisation.
Peter Mandelson took some of the first initiatives in the dying days of the last Labour Government but Vince Cable’s sector led approach has been the most thorough – at least for favoured sectors such as aerospace and automotive. In his short time as Business Secretary Sajid Javid seemed allergic to the concept, supposedly banning the term and abolishing some of his predecessor’s flagship policies like the Business Growth Service. That changed when Theresa May came into Number 10 with a clear and explicit commitment to create an Industrial Strategy. The Green Paper of this week is the first step towards that.
The paper, which is relatively detailed and wide ranging, is structured around ten ‘pillars’ which cover: R&D, Skills, Infrastructure, Access to Finance, Government Procurement, Trade, Energy, Support for Sectors, Growth across the Country and Local Institutions.
There is much to welcome. Firstly, there is a very positive specific mention of manufacturing processes (technologies) as a priority area for innovation funding; the skills chapter includes a valuable recognition that comprehensive and positive Advice and Guidance which is positive about apprenticeships is key; there is a promising looking examination of the digitalisation of manufacturing to be led by Juergen Maier; and finally, for the first time in years, a positive mention for the role of Trade Shows.
The MTA will be making a full response to the consultation which is structured around 38 questions, some of which are very open ended. The paper is attached and viewable via this link Green Paper On Industrial Strategy
Lucinda O’Reilly, Exports & Marketing Director is an integral part of the team that has grown Ecotile Flooring in to the successful manufacturing business it is today. Over the last 20 years she has successfully employed her skills in sales and marketing to ensure Ecotile Flooring is recognised as the market leading manufacturer of PVC interlocking floor tiles. Lucinda’s love of travel means the Ecotile brand is dominant all over Europe, North America, the Middle East, Asia and India.
To ensure compliance with export regulations Lucinda has gained accreditations from the Chamber of Commerce in Incoterms & Export Licence Controls and Export Procedures & Documentation and has completed the Institute of Export course on Incoterms 2020. She is a member of the Institute of Export, was a finalist in the Natwest Open to Export competition in 2018 and was instrumental in Ecotile Flooring winning a Queen’s Enterprise for International Trade in 2017. Lucinda has recently been interviewed by BBC News and Channel 4 News for her insights on Brexit and is an Export Champion for the Department for International Trade.