New Industry, New Jobs
New Industry, New Jobs is an active industrial strategy for Britain.
It's about the British Government actively working to ensure our people and businesses are equipped to compete and win in the global economy emerging from this downturn.
Read the policy document here (PDF, 460KB)
It’s a key part of Building Britain’s Future – the Government’s plan to invest for the recovery and make Britain a fairer, stronger and more prosperous society in the future.
Building on New Industry, New Jobs, in January 2010 the Government launched Going for Growth: Our Future Prosperity , which sets out for the first time a coherent cross-government approach for supporting sustainable economic growth.
In October 2009 BIS held a major conference to help us understand more about the industrial policies that have worked, both overseas and in the UK, and to ask where the UK should be targeting its resources. Participants were drawn from business, academia, think tanks and government.
New Industry, New Jobs – Conference Report, October 2009 (PDF, 149KB)
What we’re doing
We will see big changes taking place, from the transition to a low carbon economy, to the development of new technologies, changes in the global workforce, and further advances in countries like India and China.
We need to make sure that our people have the skills and business has the backing to take part in the new industries that will emerge, and that we are leading the way in developing and implementing the technology that will define the way people do business in coming years.
New Industry, New Jobs outlines a programme of 40 initial commitments that will keep Britain ahead of the game as we emerge from the downturn and towards our successful economic future, including:
Rolling out high speed broadband to give access to virtually all of Britain’s homes and businesses
Investing and laying the foundations in exciting but pre-commercial technologies like wave and tidal energy, and electric vehicles
Adapting Britain’s energy grid to link homes and businesses to the new forms of power generation
Continuing to protect and raise investment in science and research in the years ahead
Spearheading innovation in areas where there are business opportunities for future growth
Anticipating future growth in the economy in areas like low carbon or bioscience and ensuring British people have the skills to take part
Intervening, where necessary, to ensure start-ups and young businesses have access to the finance they need to grow
Helping UK companies, especially small and medium sized businesses to break into new export markets .
