Context
The question addresses progress on the UK's industrial strategy, a policy aimed at improving business investment performance and addressing sectoral changes.
Question
What recent progress his Department has made on introducing an industrial strategy. The need for improved business investment is noted as it has been the lowest in the G7 for some time.
Answer from Jonathan Reynolds
It is lovely to see you in the Chair, Madam Deputy Speaker. The Government aims to support an industrial strategy that captures a greater share of international investment cycles, provides consistency, chooses priorities, and seeks cross-party arrangements. The need for improvement in business investment performance has been recognized.
Not addressed: The questioner asked about progress on the industrial strategy, but the answer did not provide specific details or commitments regarding this progress.
How: We Will Seek To Make Cross-Party Arrangements
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