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Industry: Productivity

Asked by Ben ColemanLabourDepartment for Business and TradeTabled Answered 4 November 2024UIN 10857

The question

To ask the Secretary of State for Business and Trade, whether the effective use of data to drive productivity will be included in the proposed industrial strategy council's remit.

Answered by Sarah Jones

The Industrial Strategy Council (ISC) will be responsible for informing and monitoring the development and delivery of the long-term industrial strategy, ensuring that policy interventions are based on a high-quality evidence base. The ISC will recommend actions, focusing on growth-driving sectors and the pro-business environment. It will also evaluate impacts. Use of effective data is central to the ISC’s role.

The government will legislate to establish this statutory body in due course. Ahead of legislation, we are introducing an interim Industrial Strategy Advisory Council to ensure the Industrial Strategy is developed with independent expert advice.

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