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Government prioritises eight growth sectors while recognising broader foundational industries
Conclusion
The Department noted that one of the criticisms of the 2017 Industrial Strategy was that it was too broad and not enough choices were made. The government has now designated eight growth-driving sectors, and the Department told us these were selected on the basis of joint analysis with HM Treasury, considering evidence from the last decade and forecasts of growth and productivity over the next decade. The Department said 35 C&AG’s Report, para 8 36 Qq 68-70 13 that industries such as steel are crucial foundational sectors to the economy and, as part of the wider growth mission, the government wants to ensure the broader business environment is conducive to growth in all sectors.37 We asked about the example of policies aimed at supporting decarbonisation, and how this put some industries such as steel at a competitive disadvantage.38 The Department explained that it was not practical to make decisions based on just a few measures and listed factors it had considered, including jobs, wages, exports and investment, when deciding which industries to support and what interventions will be prioritised in the forthcoming Industrial Strategy.39
Government Response
A response document is linked to this report, dated 18 September 2025. Response attribution to this conclusion has not been verified. Read the response document.
Source
Committee
Public Accounts Committee
Report
33rd Report - Supporting the UK’s priority industry sectors
25 Jun 2025
HC 1070
Addressee Bodies
HM Treasury
Timeline
Recommendation age
1.2 yr
Report published
25 Jun 2025