The UK's Modern Industrial Strategy

WE ARE the voice OF business

ENGAGEMENT, INSIGHT AND INFLUENCE These three directives are key to how we work at the North East Chamber of Commerce. Engagement with our members through forums, exchanges and events provides critical insight into the issues affecting our region. The policy asks below, which the Chamber has used its influence to request in the consultation for this Modern Industrial Strategy, were provided by you, our members: -The government to take action on energy costs. - Expansion of devolution. - Investment and follow-through with the Crown Works Studio in Sunderland. - Support for businesses becoming net zero. - Addressing the long-term under-investment in further education. - Targeted investment in research and development. - Investment in infrastructure. - Transport infrastructure to be linked to housing and economic development, especially at a regional level. - A significantly expanded grid to enable decarbonisation, plus, crucially, accelerated grid connection timelines for new energy assets. - Relevant investment vehicles to focus elements of their investment not just in the UK but at a granular, regional level, supporting an appropriate degree of local wealth retention to drive growth. - There needs to be access to business support, infrastructure and local skills provision in place to encourage investment. - Mechanisms should be devised to ensure a strong interaction with the business representative organisations, such as the British Chambers of Commerce, as well as relevant sector representative groups. - The UK’s Modern Industrial Strategy should align with the local priorities in the local growth plans produced by the combined authorities.

THE UK'S MODERN INDUSTRIAL STRATEGY

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