Goodbye EU; Hello World - A Vision for an Innovation Centred, Industrial Growth Strategy for the United Kingdom
The Innovation Series - Goodbye EU; Hello World - A Vision for an Innovation Centred, Industrial Growth Strategy for the United Kingdom
In leaving the European Union, the United Kingdom faces many challenges but has an opportunity to build on its strengths in product design, engineering, materials and manufacturing, to create trade led, manufacturing growth.
The rebalancing to an international trade based economy, will require new investment in infrastructure and more complex supply chains, which together reveal that the Materials and Foundation Industries are a crucial aspect of Sovereign Capability.
To ensure that the UK can capitalise on these opportunities and protect its global interests, an innovation centred industrial growth strategy is needed, to deliver innovations in energy, processing, metals and materials. This will require the UK to take back responsibility for innovation in the Materials and Foundation Industries, support industry led initiatives such as the proposed new innovation 'Catapult' for the metals and materials sector, and free up the small businesses in these supply chains to innovate, invest and grow.
Creating this solid industrial foundation, through innovation and infrastructure, will give the confidence required to reliably invest in British manufacturing, creating much needed jobs and growth in communities and regions, throughout the United Kingdom.
8 July 2016
