Laying the Foundations sets out the emerging findings of the Commission and outlines the key foundations for a successful long-term industrial strategy. It argues that across the private and public sector and the political spectrum there is strong support for a new ambitious strategy. The Government must grasp the opportunity this consensus presents.
With uncertainty about the UK's economic prospects increasing, the report also outlines the serious and longstanding weaknesses and challenges affecting the UK economy - and the significant opportunities. It argues that a new strategy will enable public and private sectors to work together to invest in the UK's people, places and industries and achieve greater future prosperity.
But, the report warns that a new strategy will only be a success if it is embedded throughout the public sector and secures buy-in from the private sector, if it has sound foundations and offers a positive vision for the future.
To read a copy of the report click here