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Industrial Strategy 2025-06-12

12 June 2025

Lead MP

Liam Byrne

Debate Type

General Debate

Tags

EconomyTaxation
Other Contributors: 9

At a Glance

Liam Byrne raised concerns about industrial strategy 2025-06-12 in the House of Commons. Other MPs contributed to the debate.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Lead Contributor

Opened the debate
Commends the seventh report of the Business and Trade Committee, which sets out a plan for scrutiny of the upcoming industrial strategy. Highlights the country's potential for economic growth but warns about obstacles like high energy costs, broken procurement system, skills gap, innovation diffusion blocks, financial barriers to scale-ups, and over-centralised Whitehall. Proposes ambitious reforms including grand challenges, public procurement overhaul, trade alignment, access to scale-up finance, cheaper energy, devolved skills funding, research diffusion, leadership from the Prime Minister, and regulatory reform.
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