Henry Smith MP welcomes modern Industrial Strategy support

In the year since the modern Industrial Strategy was launched, £45 billion has been committed to support local infrastructure, research and development, and businesses to back high-skilled jobs in communities across the country.

Since 2010, there are now 198,900 more people with the security of a job in the south east of England. The modern Industrial Strategy, through the biggest transformation to technical education in a generation, ensures that people can boost their skills to take on the challenges and jobs of the future.

Last year, there were 31,080 apprenticeship starts in the region, giving more young people opportunities to develop their skills while contributing to a business.

Henry said;

“In the year since it was published, we’ve already seen significant progress in generating good jobs and higher wages. 

“I’m pleased to see the positive impact of the modern Industrial Strategy, building a country that is fit for the future and looking beyond our departure from the European Union to the future of the UK and the global economy.”

Through the modern Industrial Strategy, the Government is delivering record levels of public investment in R&D, signing new sector deals to transform key industries and is overseeing the highest growth in infrastructure spending in the G7.