Government launches Industrial Strategy

The Department for Business and Trade and HM Treasury have launched its Industrial Strategy with the publication of Invest 2035: the UK's modern industrial strategy.

The strategy focuses on driving long-term sustainable and resilient economic growth across eight key sectors, which include financial services, and digital and technologies. 

To support these key sectors, the Government plans to coordinate sector-specific policies to address barriers to investment.

The Government is looking for feedback on which areas within these sectors should be prioritised for support and what actions should be taken. Insurtech UK will be responding to the consultation.