The UK's Modern Industrial Strategy

WE ARE the voice OF business

transport - Increased use and sharing of UK health data can reduce NHS wait times and enhance diagnostics, while our geospatial data to improve public transport and urban planning. By linking data across areas such as education and housing, the government aims to identify barriers and support targeted intervention. Enhancing access to transport and logistics data can improve supply chain capabilities and resilience, ensuring UK businesses and consumers have access to the goods they need. - Reducing the average pre-application period for major infrastructure projects from two years to 12 months.

- £24bn of capital funding between 2026-27 and 2029-30 to maintain and improve motorways and local roads across the country.

- £15.6bn up to 2031/23 for some of England’s largest city regions to improve transport connectivity via the Transport for City Regions settlements and £2.3bn funding for the Local Transport Grant to improve transport connectivity in smaller cities, towns and rural areas. - £900m per year to maintain and improve bus services. Illustrative industry analysis suggests that public investment in bus infrastructure and services can generate returns of up to £4.55 for every £1 invested. - £400m to support the roll-out of charging infrastructure across the country, including to facilitate the deployment of zero-emission vans and HGVs. The proposed investment in improving connectivity is vital and plays a pivotal role in connecting our towns and cities, boosting economic growth and delivering education and job opportunities. Increased data usage to improve transport and urban planning at a local level will help create a more connected and in turn, happier, fairer and productive region (for example, creating agglomeration effects (knowledge spillovers, shared suppliers and growing value chain, etc.) region.

THE UK'S MODERN INDUSTRIAL STRATEGY

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