Letter: Reminder why UK needs an industrial strategy

News

The announcement that the UK government will be watering down some of its net zero policies is a huge setback for manufacturers, who have put transition to net zero at the forefront of their business priorities (Report, September 21).

Manufacturers require stability and confidence in order to invest. Many companies will have spent time and money planning based on firm targets, and we now run the risk of falling behind our international counterparts as a home for green technologies if we persist in frequently altering policies that impact businesses directly. Among others, SME businesses in the automotive supply chain will be hit particularly hard.

This is a timely reminder that the UK needs a long-term industrial strategy. Such a strategy must survive short-term political cycles and instability through a mechanism such as a Royal Commission.

This announcement sends entirely the wrong signal and suggests if we aren’t looking forward, we are simply going backwards.

Stephen Phipson
CEO, Make UK

Suneeta Johal
CEO, Construction Equipment Association

Michaela Kendall
CEO, Adelan

Pim van Baarsen
CEO, Silverstone Technology Cluster

Geraldine Bolton
CEO, Confederation of British Metalforming

Tim Puttick
Chairman, North Devon Manufacturers Association

Philip Law
Director General, British Plastics Federation

Tom Bowtell
CEO, British Coatings Federation

Ayça Donaghy
CEO Lighting Industry Association

Tony Smith
Chairman, British Measurement and Testing Association

David Stockdale
CEO, British Healthcare Trades Association

Steve Brambley
CEO, GAMBICA

Charles Jarrold
CEO, British Printing Industries Federation

Steve Elliott
CEO, Chemical Industries Association

Carl Leaver
Chair, Make UK Modular