1、makeuk.orgfrom concept to implementationIndustrial Strategy INDUSTRIAL STRATEGY FROM CONCEPT TO IMPLEMENTATION 2FOREWORD Those were the words of Rachel Reeves,just over three months ago,in her first speech as Chancellor following the Labour Partys landslide 2024 General Election victory.Words that f

2、elt like the first glimmers of light at the end of a long tunnel,which Make UK and manufacturers have steadily moved through over the previous decade.A journey upon which weve repeatedly led the calls for successive governments to introduce an industrial strategy to help correct the slow decline of

3、our stagnating economy and dwindling skills capacity,and to keep us on track to meet the impending challenges around net zero and technological advancement.When the Chancellor announced at Labour Party Conference 2024 that the Government would soon unveil some initial details around the industrial s

4、trategy ahead of Octobers Autumn Statement,the end of that tunnel soon started to come into view.Finally,the many years of relentless campaigning by Make UK,both publicly and within the meeting rooms of Whitehall,started to feel like they may soon pay off.It is true that we are yet to see the minuti

5、ae of the plans.But for the 87%of manufacturers who told us that an industrial strategy would give their business a long-term vision,rest assured,myself and my Make UK colleagues will be the first to highlight where the new industrial strategy meets the needs of our members and sector,and,most impor

6、tantly,where more work needs to be done.“We will introduce a modern industrial strategy,to create good work and drive investment in all of our communities.”1forewordThis report aims to address this opportunity in advance,setting out our vision for the foundations of a successful industrial strategy.