UK business groups gave a broadly positive welcome to the Government’s new “industrial strategy” white paper, which was published on Monday.
Stephen Martin, director general of the Institute of Directors, said the document “identifies the key challenges that the UK will need to overcome if businesses are to remain competitive”.
Adam Marshall, the head of the British Chambers of Commerce, said the concerns of firms had been “listened to” by the Business Secretary Greg Clark during the consultation period.
Mike Cherry, chair of the Federation of Small Businesses, welcomed, in particular, the focus on improving technical skills, new physical and digital infrastructure and increased research and development spending.
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