DBT publishes sector plans
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In the Industrial Strategy, we identified the 8 sectors that have
the greatest growth potential over the next decade and a critical
role to play in supporting economic security and resilience, net
zero and regional growth. Each has a bespoke Sector Plan,
developed with industry, setting out a vision of the sector's
transformation by 2035. We have published 6 of the Sector
Plans, with Defence and Financial Services to follow. Advanced
Manufacturing ...Request free
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In the Industrial Strategy, we identified the 8 sectors that have the greatest growth potential over the next decade and a critical role to play in supporting economic security and resilience, net zero and regional growth. Each has a bespoke Sector Plan, developed with industry, setting out a vision of the sector's transformation by 2035. We have published 6 of the Sector Plans, with Defence and Financial Services to follow. Advanced Manufacturing Advanced manufacturing is undergoing a significant transformation as the sector looks to decarbonise and digitise. This transformation offers unprecedented commercial opportunities over the next decade. As home to one of the largest manufacturing sectors in the world – with world-leading manufacturers, SME innovators and global commercial partnerships – the UK is well placed to meet this moment. In this plan we set a clear vision for the UK's advanced manufacturing sector – by 2035 the UK will be recognised as the best place in the world to start, grow and invest in advanced manufacturing. This plan sets out our approach for working with industry to realise the vision and ensure the sector remains globally competitive, resilient and innovative. Read the Advanced Manufacturing Sector Plan Creative Industries The Creative Industries Sector Plan will cement the UK's position as a global creative powerhouse by 2035, building on a sector that already contributes £124 billion to the economy and employs 2.4 million people. Through government investment and industry partnership, the plan will significantly increase business investment in the creative industries by 2035 while addressing key barriers to growth. Targeted interventions will boost innovation, enhance skills development, improve access to finance, increase exports and support regional growth. The Plan also includes dedicated support for high-potential creative subsectors. Developed in close consultation with industry through an advisory taskforce co-chaired by Sir Peter Bazalgette and Baroness Shriti Vadera, this 10-year strategy will unlock economic growth and establish the UK as a global leader in creativity and innovation. Read the Creative Industries Sector Plan Clean Energy Industries The potential of the UK's net zero economy is known – it is already growing 3 times faster than the wider UK economy. The ambition for the clean energy industries sector is to double investment levels across our frontier clean energy industries industries to over £30 billion per year by 2035. We will deliver this by:
Read the Clean Energy Industries Sector Plan Digital and Technologies By 2035, our vision is for the UK to be one of the top 3 places in the world to create, invest in and scale-up a fast-growing technology business. We will aim to secure the UK's first trillion-dollar technology business. New technologies are transforming our economy and society, creating new sectors and business models, and providing huge new opportunities for growth. The UK's world-renowned science base and technology ecosystem will help us seize this opportunity. The Digital and Technologies Sector Plan will prioritise frontier technologies with the greatest growth potential for the UK. These are:
Through the Sector Plan we will:
Read the Digital and Technologies Sector Plan Professional and Business Services The UK is a global leader in the provision of Professional and Business Services from law and accountancy and consultancy to advertising, architecture and engineering. The PBS sector provides 1 in 7 jobs across the UK, is the largest services sector contributor to the UK economy and are trusted advisers to business. The PBS Sector Plan sets out the sector's ambition for 2035 for the UK to be the most trusted adviser to global industry, with the most dynamic and productive PBS sector, remaining the world's second largest exporter of PBS. We will do this by:
Read the Professional and Business Services Sector Plan Life Sciences The Life Sciences Sector Plan includes new measures to streamline regulation, introduce low-friction procurement, and support high-potential UK companies to scale, invest, and remain in the UK. The plan has been developed alongside the NHS's forthcoming 10-Year Health Plan to ensure alignment between health and growth objectives. It sets out a vision to drive growth, innovation, and better health outcomes through 3 interconnected pillars:
Together, these pillars will build a globally competitive, self-sustaining life sciences ecosystem – creating jobs, boosting productivity, and improving lives across the UK. Read the Life Sciences Sector Plan Financial Services The financial services sector is one of the UK's largest and most productive, worth around 9% of total economic output. The sector is also an enabler of growth across the whole economy. People and businesses rely on the sector every day, from providing mortgages to managing their pensions, to raising capital and securing lending. The UK's status as a global financial sector cannot be taken for granted, and international competition continues to accelerate. The UK must continue to adapt and innovate to maintain our world-leading position. We will always uphold the highest standards, but we must also ensure the regulatory environment supports growth. By 2035, our ambition is for the UK to be the world's most innovative full-service financial centre. Defence Our ambition is to make the UK a defence industrial superpower by 2035, delivering world-leading UK capability and forging new partnership with industry, workers, and our armed forces. The Defence Sector Plan will outline how we will reform, grow, and innovate to build our defence industrial base, helping scale small and mid-tier companies and create industrial leaders. |