The UK’s Modern Industrial Strategy: national renewal for the whole country
The UK is one year into the delivery of the Modern Industrial Strategy — a 10-year plan that is helping ensure the UK remains one of the world’s leading places to innovate, invest and grow businesses in the industries that will shape the future economy.
These industries – advanced manufacturing, clean energy industries, life sciences, creative industries, financial services, digital and technologies, defence and professional and business services – are found in communities across the country. They create dynamic clusters of business and research institutions that spread growth and share knowledge
From the outset, the Industrial Strategy has made deliberate decisions to back these sectors , with joined-up action on infrastructure, planning, energy, skills, regulation, capital and exports. This is already translating into opportunities across the country, creating thousands of secure, well-paid jobs and renewing communities in every region.
The Industrial Strategy is working
In year one, we have:
- Attracted more than £380 billion of private sector investment into high-growth sectors, supporting over 155,000 jobs across the country
- Signed three new trade deals with India, the Gulf Cooperation Council and South Korea, collectively expected to boost UK GDP by billions of pounds
- Committed over £1 billion to train people with the skills to work in key industries, including 29 Technical Excellence Colleges serving over 100,000 students
- Allocated £9 billion for cutting-edge research and commercialisation of new technologies, including £4.5 billion for innovative UK firms
- Cut electricity costs for around 10,000 manufacturers through the British Industrial Competitiveness Scheme, reducing bills by around 25%
- Reformed planning rules to make it faster, cheaper and more predictable to build and invest in the UK
Eight sectors. Endless opportunity.
We are focusing on eight sectors with the greatest potential for growth, and the places where they are concentrated across the UK — connecting our economy around the industries of the future to give businesses the stability and confidence they need to make long-term decisions.
Robert Laycock CEO Marlow Studios
"Our creative industries are not just one of this country's greatest exports – they shape global culture and how billions of people around the world see the UK.
The Government's industrial strategy is crucial for Marlow Studios. Championing the creative industries as a priority sector is how we build the world-class infrastructure to secure the UK’s global creative leadership for generations to come."
Ruth Chapman Executive Managing Director at Dulas Ltd
"InnovateUK helped us bring in specialist engineering expertise that's directly improving our products. That's the kind of practical support that helps a Welsh SME compete globally."
Scott Winston Managing Director Pulpex
"Securing funding from the National Wealth Fund facilitated the construction of our first commercial factory in Glasgow. The changes introduced by the government’s Industrial Strategy, such as removing blockers to investment and growth have enabled investors to support UK businesses like ours more confidently."
What's been achieved so far
The Industrial Strategy:
Year Oneopens www.gov.uk in a new tab
Quarterly update:
April - June 2026opens www.gov.uk in a new tab
Quarterly update:
January - March 2026opens assets.publishing.service.gov.uk in a new tab
Driving growth across the UK
Working in partnership with mayors, devolved governments and local leaders, government is removing the barriers holding back city regions, clusters and growth corridors – helping to build a more connected, higher-wage economy, where businesses can grow and people can access good jobs and opportunities where they live.
Find out moreSupport to scale and grow your business
Access a broad package of support designed to help businesses scale more quickly, at lower cost, and with greater ease, including
- • Step-by-step guidance through the practical steps to scale your business
- • Overview of funding, grants and financial incentives available
- • Information on events and networks relevant to your sector and industry
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