Building Britain’s Future is the Government’s vision for the country’s future on the other side of the recession across a wide range of policy areas. The Department for Business, Innovation and Skills is playing a key role in helping to set out the vision for Britain’s economic recovery in New Industry, New Jobs.
The vision is underpinned by work to unlock potential in specific sectors, including the Low Carbon Industrial Strategy and Digital Britain.
New Industry, New Jobs, launched in April, is about the British Government actively working to ensure our people and businesses are equipped to compete and win in the global economy emerging from this downturn.
The world is changing rapidly. And as global competition intensifies and new technologies and processes transform our lives and industry, we’re going need to do all we can as a country to build on our strengths and develop the new capabilities that will enable us to benefit fully for these changes.
That means taking a more strategic approach to UK industrial policy in the future - focusing on those industries that will drive discovery and economic growth in this century and helping people get the skills and experience they need to secure high-value jobs throughout their working lives.
This is not about Government seeing to revive old theories or to invent new ideologies. It’s about creating the best possible conditions in which UK businesses in leading global markets can thrive; with Government helping remove barriers to success at home and abroad and offering targeted support to unlock new potential for British innovators in existing and new technologies.
Our strategy has three strands:
Read the New Industry, New Jobs strategy:
Enabling Britain to take advantage of the challenges and opportunities of the switch to a low carbon economy is one of the key strands of New Industry, New Jobs.
The UK green goods and services sector, estimated at £106 billion, is already the sixth largest in the world. The sector is predicted to grow by about 45 per cent over the next eight years. BIS is working alongside other Government departments to make sure UK businesses make the most of these opportunities and secure a large number of potential new ‘green collar’ jobs.
The Government launched Low Carbon Industrial Strategy: a Vision in March, together with an interactive website for direct engagement.
Building on that vision, Investing in a Low Carbon Britain was released following Budget 2009 and set out a programme of targeted investment to provide real help for businesses and households. £405 million will be targeted to help establish the UK as a market leader in renewables technology and advanced green manufacturing over the next two years. £250 million of that investment will come from the Strategic Investment Fund.
In the summer, the Government will publish the Low Carbon Industrial Strategy, which will outline the strategic role of Government in the transition to a low carbon economy, ensuring the UK is the best place in the world to start and grow a low carbon business.
The digital and communication industries are major forces in the British economy, with a huge influence on our culture and the quality of life of millions of people. The Government wants to put Britain at the forefront of the global digital economy and will take action to make this happen.
Already a major force in the economy, worth over £52 billion a year, the digital and communication sectors are growing in significance as the country faces up to current financial and market challenges.
BIS is working with the Department for Culture, Media and Sport on Digital Britain. The interim Digital Britain report, published in January 2008, identified five immediate priorities for action.
Following its publication, the Government has conducted an intensive process of engagement with stakeholders, including industry, consumer groups and other public sector bodies in the English regions and devolved administrations. The final Digital Britain report will be published in the summer.
Budget 2009 confirmed Government plans to deliver universal broadband at two megabits per second by 2012.
More information is available on the BIS website: