The UK's Modern Industrial Strategy

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ADVANCED MANUFACTURING - Prioritising high-growth frontier manufacturing industries where the UK has a competitive edge, including automotive (zero emission vehicles and computer- aided design), batteries, aerospace, space, advanced materials and agri-tech. These sectors offer strong potential due to innovation, research strengths and global demand. - The Modern Industrial Strategy sets out how the government will strengthen supply chains through supporting foundational industries vital to the competitiveness of advanced manufacturing businesses, including through a Steel Strategy in summer 2025 and an enhancement of the Critical Minerals Intelligence Centre to improve its horizon scanning capabilities. - The government’s Modern Industrial Strategy signals the North East as a potential hub for advanced manufacturing, supported by a pilot electric vehicle cluster, Metro expansion and targeted investment. With £4.3bn in sector funding, including £2.8bn for research and development, the strategy aims to lower industrial costs, develop a skilled workforce and encourage innovation. The government’s Modern Industrial Strategy rightly highlights the North East as a key hub for advanced manufacturing. We welcome this focus, given our region’s strong manufacturing base and its potential to drive innovation, skills development and sustainable growth.

THE UK'S MODERN INDUSTRIAL STRATEGY

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