Industrial strategy: Theresa May’s ten-point plan to support economy

  24th January 2017       Claire Bond
 Employment, Accounting & Finance, Company News, Executive Search, Human Resources, IT & Software Solutions, Office & Commercial, Recruitment, Temps

Prime Minister Theresa May has announced a ten-point plan as the foundation of the government’s industrial strategy. It will target regional inequalities and regulatory barriers to support the growth of small businesses across the UK and outlines the plans to improve procurement opportunities for small firms and affordable energy as well as digital and transport infrastructure.

“The strategy will align central government infrastructure investment with local growth priorities”, says May; suggesting a commitment to specifically support regional enterprise.

The government’s ten-point plan is comprised of pledges such as:

Investing in science, research and innovation

Developing skills

Upgrading infrastructure

Supporting business to start and grow

Improving government procurement

Encouraging trade and inward investment

Delivering affordable energy and clean growth

Cultivating world-leading sectors

Driving growth across the whole country

Creating the right institutions to bring together sectors and places

The announcement of the “ten pillars” is to be followed by a green paper which will add further detail to the newly unveiled industrial strategy.

May is anticipated to appoint small business minister Margot James as the UK’s new “scale-up champion” – a role intended to aid high-growth start-ups and help grow them into successful international companies.

This appointment follows the statements made in September 2016 by leading fund manager Neil Woodford that the UK was failing to provide entrepreneurs with the capital needed over the long term, to become competitive on a global level.



Claire Bond


Claire has almost 25 years Recruitment experience. A specialist in the regional recruitment marketplace, Claire has extensive local knowledge and holds a reputation for quality, integrity, honesty and excellent matching. Heading up the HR and Office & Commercial Divisions of Bond Williams. Claire is responsible for the overall growth and …

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