Through our Industrial Strategy we are committed to making the UK the best place in Europe to own and grow a manufacturing business. That means using our record investments in infrastructure to unlock growth in every part of the country; using the major new investment in research. This includes a commitment to increase total R&D investment to 2.4% of GDP by 2027 to support innovative manufacturing businesses across the country; and encouraging inward investment. We will create the UK Shared Prosperity Fund, a domestic programme of investment, to boost productivity and reduce economic inequality across the country following our departure from the European Union.
The Clean Growth Strategy sets out our policies and proposals for decarbonising the UK economy through the 2020s, building on the UK’s significant progress to date. The Clean Growth Grand Challenge and missions aim to amplify and extend these plans across the whole economy to maximise the advantage for UK industry from the global shift to clean growth and ensure we have safe, secure and low carbon energy supplies.