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Council backs Humber businesses’ response to Government’s new industrial strategy

North East Lincolnshire Council has backed a response from Humber businesses to the Government's Industrial Strategy.

Council backs Humber businesses’ response to Government’s new industrial strategy

The Humber Local Enterprise Partnership has welcomed the publication of the Government's Green Paper, which sets out its industrial strategy in a post-Brexit Britain, and outlines "ten pillars" on which the strategy will be based.

Those pillars are:

  • Investing in science, research and innovation.
  • Developing Skills.
  • Upgrading Infrastructure.
  • Supporting businesses to start and grow.
  • Improving procurement.
  • Encouraging trade and investment.
  • Delivering affordable energy and clean growth.
  • Cultivating world-leading sectors.
  • Driving growth across the whole country.
  • Creating the right institutions to bring together sectors and places.

Among the proposals laid out in the report are a new Industrial Strategy Challenge Fund to enable research and innovation opportunities in the UK, particularly in robotics and clean energy, an overhaul of the vocational/technical qualifications system, which would include the creation of 15 new employer driven training routes, a £170 million investment into institutes of technology that deliver qualifications in STEM subjects and a review in global best practice in inward investment.

The Humber LEP has welcomed the publication of the report in its response, however highlighted a number of key areas that it felt required more attention.

It felt that linkages between areas could be more emphasised, stating: "The Humber has embraced the Northern Powerhouse concept as a means to collaborating across the North.

"Notwithstanding the Northern Powerhouse Strategy which has been published separately, we would like to see greater emphasis in the Industrial Strategy on how all parts of the North can work together with Government to achieve improved connectivity, labour market mobility and a greater share of investment."

It would also like to see specific funding allocated to local areas for local decision making across the themes of transport, housing , skills and innovation also saying: "The Government should also commit to working with local areas to co-design the future funding environment post-Brexit."

Lastly, it would like more emphasis given the strategy to the importance of city and town regeneration, and the role local leaders can play in unlocking future developments.

North East Lincolnshire Council leader Ray Oxby stated that he was very pleased with the Green Paper report, feeling that it recognised the "ambition" of the Humber region, particularly in the renewable energy sector, and hoped the proposals could see the area become a leader in research and development.

Councillor Jane Hyldon-King was also pleased with the report, saying: "I am pleased to see the Government planning on bringing funds to the north, and this has come at the right time, I am pleased investment is coming our way."

News Courtesy: www.humberbusiness.com

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