Local Growth Deals
This note looks at the creation of the Single Local Growth Fund and the process of allocating Growth Deal funding to Local Enterprise Partnerships.
Industrial policy is the way that government supports industry to boost the economy. This note surveys industrial policy since 2010.
Industrial policy, 2010 to 2015 (218 KB , PDF)
Industrial policies seek to support certain industries in order to encourage economic growth. Together these policies form an industrial strategy.
This note provides a definition of industrial strategy before describing the core themes of the Government’s policy since 2010:
• Boosting the development of 11 key sectors
• Supporting the development of eight key technologies
• Increasing access to finance for businesses
• Developing the skills of employees in key sectors
• Using public procurement to create opportunities for UK firms and supply chains
The 11 key sectors that the Government seeks to support are outlined in further detail as are other policies which support industries.
Industrial policy, 2010 to 2015 (218 KB , PDF)
This note looks at the creation of the Single Local Growth Fund and the process of allocating Growth Deal funding to Local Enterprise Partnerships.
Exchange rates: Data on the value of the pound relative to other major international currencies.
Service industries: Data for the sector that incorporates the retail sector, the financial sector, the public sector, business administration and cultural activities.