Responding to the publication of the Industrial Strategy, Shevaun Haviland, Director General of the British Chambers of Commerce said:

“Today’s Industrial Strategy is an important milestone towards creating a competitive economy that is fit for the future, with thriving businesses in every region of the UK.

“From start-ups and SMEs to large corporates, firms need a stable environment that enables faster, easier and more certain investment decisions. This strategy is a welcome blueprint for policymakers and business to achieve this.

“Firms have sounded the alarm about uncompetitive energy bills for years. This is welcome support for electricity-intensive businesses that will ease long-term cost pressures.

“Access to a skilled workforce is vital to growth. Employers called for a more flexible Growth and Skills Levy and will be relieved that they can access shorter courses to upskill people in work from next April.

“Plans to improve access to finance – a major barrier for many SMEs – will enable more firms to start, scale and grow.

“We were pleased to convene business and Government across our Chamber network in recent months. Much of what we shared with policymakers, has been heard and reflected in this strategy. There’s more to do and we are ready to support the next steps.

“We encourage businesses to get behind this strategy and champion the UK as the best place to live, work, invest, and do business.”