The aim of the 'Building our Industrial Strategy' Green Paper is to build an industrial strategy that addresses long-term challenges to the UK economy. Our aim is to improve living standards and economic growth by increasing productivity and driving growth across the whole country.
The RTPI welcomes the Government’s creation of a dedicated department for industrial strategy and the intention to take a more coordinated and intentional approach to economic growth. For many years this is the approach which has been adopted by competitor countries and the perhaps over- enthusiastic assumption that “the market knows best” has put the UK at a continuing disadvantage in Europe and globally.
Our response comments on joining-up national strategies, the need to be specific, long-term and integrated in the objectives of the green paper, and strongly recommends a mission-oriented approach.
