Business, Innovation and Skills (BIS)
Business, Innovation and Skills: our vision
The Department for Business, Innovation and Skills (BIS) is the department for growth. We have a key role to play in delivering the Coalition's commitment to building a new and more responsible economic model, as well as delivering fairness and the objectives of the big society. It is the role of BIS to help define that new model: one that delivers sustainable growth across the country and international competitiveness in a low-carbon economy no longer reliant on a narrow range of sectors.
This requires developing our human capital, through our universities and skills system, and science, innovation and technology development. In doing so, we must help those who most need help. We will remove barriers to growth and to create the conditions for business success, both at home and abroad.
The fiscal deficit means that we cannot deliver this vision by simply spending taxpayers' money. However, I believe we can achieve it by introducing reforms that profoundly shift the balance between the state, businesses and individuals. Our economic reforms will enable individuals, businesses and institutions to make decisions about how public money is spent and improve the value of support provided by targeting those areas that offer the greatest potential for long-term economic growth. Our reforms will reduce the control from central government over Higher and Further Education, developing a market-based approach with increasing competition and driven by individual learners' decisions and the needs of local businesses, while ensuring that students and graduates on low incomes receive the financial support they need.
Creating efficient and dynamic markets is one of the biggest contributions government can make to economic growth. By removing bottlenecks and making it easier for new businesses to start, we can free opportunities for investment and help generate productivity growth. Free markets are not always fair markets. Our reforms will support long term growth by ensuring that business operates responsibly, that small businesses have the opportunity to compete with the large and that consumers are protected.
Vince Cable, Secretary of State for Business, Innovation and Skills
Business, Innovation and Skills: our priorities
Secure an economy that is more dynamic and more balanced between public and private sectors and between regions.
Rebalance the economy across sectors
Ensure new businesses and economic opportunities are more evenly shared, supporting growth and a low-carbon economy
Rebalance the economy across regions
Enable local authorities and businesses to determine the development strategies for their local area, in ways that support national economic growth and help to rebalance the economy
Safeguard the future of Royal Mail and the Post Office
Secure the future of the universal postal service and create a sustainable future for Royal Mail and the Post Office network
Safeguard the UK's long-term growth by promoting skills and by turning knowledge to commercial use
Build an internationally-competitive skills base
Create a dynamic and efficient skills system with informed, empowered learners and employers served by responsive colleges and other providers in their areas
Support universities, science and research in building a strong, innovative economy
Establish a higher education, science and research framework that promotes world class competitiveness in teaching and research. Ensure progression, fair access and better quality for students. Strengthen links between universities and industries and support innovation and technology development
Stimulate enterprise and trade to drive the rebalancing and private sector growth we want to see
Boost enterprise and make this the decade of the entrepreneur
Help small and medium sized businesses start and thrive through better business support, improved access to finance and stronger competition with fewer market barriers to entry, creating a more entrepreneurial culture
Stimulate exports and inward investment
Promote open and fair global markets, improve UK Trade & Investment's focus on generating high value inward investment, and strengthen the capability of UK exporters
Remove Government as an obstacle to growth whilst ensuring responsible corporate behaviour
Create a positive business environment
Create a business environment that supports long-term investment and sustainable growth, reducing regulation, creating more flexible labour markets, reforming corporate governance and ensuring that intellectual property laws promote commercial innovation
Protect and empower consumers
Strengthen consumer protections, especially for the most vulnerable, and promote more responsible corporate and consumer behaviour through greater transparency and by harnessing the insights from behavioural economics and social psychology
- Department for Business, Innovation and Skills website
- Path to strong, sustainable and balanced growth (pdf, 603kb)
- Trade White Paper
- The Skills Strategy
- National Infrastructure Plan
Your problems with procurement
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