Diane Coyle appointed to Industrial Strategy Advisory Council to strengthen UK’s Industrial Policy
Experts from academia, business, and trade unions across the UK are appointed to the Industrial Strategy Advisory Council as the government seeks to deliver long-term growth in key sectors.
Leading economist and expert on industrial strategy, Dame Professor Diane Coyle, has been appointed to the UK’s Industrial Strategy Advisory Council. Diane, renowned for her work in economics and policy, will provide impartial guidance on the government’s efforts to reshape and strengthen industrial policy, boost productivity, fuel economic growth, and ensure that government interventions are strategically sound and effective.
The Council, chaired by Clare Barclay, President, Enterprise & Industry for EMEA, Microsoft, includes academics and business leaders from across the UK to offer government independent advice and recommendations as it develops a new, modern Industrial Strategy to support its growth mission of being e a prime investment opportunity for business. The Industrial Strategy, and the Industrial Strategy Advisory Council, will be key to giving investors the solid foundation on which to build.
The members met with the Chancellor of the Exchequer Rachel Reeves and Business and Trade Secretary Jonathan Reynolds at an inaugural Industrial Strategy Advisory Council today (17 December 2024), to embark on an extensive programme of engagement and take account of views from businesses, academia, devolved governments and local leaders across the UK in response to October’s Green Paper, “The UK’s Modern Industrial Strategy”.
Diane’s appointment comes at a crucial time due to two major transitions the global economy is undergoing: digital transformation and the shift to a net-zero energy system.
Read the full Bennett Institute for Public Policy article
October 2024 Green Paper - The UK’s Modern Industrial Strategy