Last week saw the creation of 5 new business-focused groups to unleash Britain’s growth potential and create jobs, as part of the government’s plans to help the economy bounce back from the coronavirus pandemic.
These new ‘recovery roundtables’ bring together businesses, business representative groups and leading academics. They will consider measures to support economic recovery and ensure we have the right skills and opportunities in place for our workforce over the next 18 months.
They will also explore key domestic and global challenges to support a green and resilient recovery and ensure the UK is at the forefront of new and emerging industries.
Focused on 5 key themes, each group will explore how business can work with government to deliver economic growth and jobs:
- The future of industry: How to accelerate business innovation and leverage private sector investment in research and development
- Green recovery: How to capture economic growth opportunities from the shift to net zero carbon emissions
- Backing new businesses: How to make the UK the best place in the world to start and scale a business
- Increasing opportunity: How to level up economic performance across the UK, including through skills and apprenticeships
- The UK open for business: How to win and retain more high value investment for the UK
Secretary of State for Business Alok Sharma commented:
“These roundtables are a redoubling of our efforts to listen to and work with the business community and academic experts as we consider the measures needed to support our economic bounce-back. This will undoubtedly lead to a cleaner, greener, more resilient economy which will create new jobs.
The output from this initiative will feed directly into the government’s work on economic recovery and will help deliver the commitments we made to the British people only last December, which now take on an even greater sense of urgency and importance.”
The membership of the 5 working groups will be published in due course.
Each working group, which aims to be representative of UK industry, will consist of approximately 20-25 participants and will be chaired by BEIS Secretary of State Alok Sharma.
MSC R&D will be watching closely and providing advice and support to our innovative clients to ensure they can access the support they need.
