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Business, Innovation and Skills (BIS)

Manufacturing an engine

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

Your problems with procurement

We will not be able to answer all the individual comments left on this site. Cabinet Office will publish a quarterly commentary on the issues that have been highlighted and the action we propose to address them and the comments will be used to inform our future work on breaking down the barriers that smaller businesses face in public procurement. If your comment is concerning a specific complaint on a recent procurement against a named contracting authority we may pass it to the ERG Supplier Feedback Service to investigate on your behalf.

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