26 Nov 2024The British Chambers of Commerce (BCC) has called for an industrial strategy that 'brings benefits to businesses and people in all parts of the UK'. The industrial strategy is set to be published in the Spring of 2025 alongside the Spending Review. In a submission to a government consultation, the business group advised ministers to 'integrate each nation and region's strengths' into a new strategy and provide a focus on sectors. Ministers should 'identify growth-driving priority sectors', the BCC said. It also called for the industrial strategy to 'clearly identify how the UK's competitive advantage can be leveraged'. The BCC said the new industrial strategy must drive investment, support workforces and encompass the transition to net-zero. Commenting on the matter, Jonny Haseldine, Policy Manager at the BCC, said: 'The industrial strategy is a much-needed opportunity to boost economic growth and investment. 'With millions of businesses now facing increased costs following last month's Budget, even more is now riding on the government's strategy. Firms in every corner of the UK need this plan to deliver at pace for their needs and their communities.'