Today’s industrial strategy made some clear strategic choices for the future direction of the UK economy. IPPR found that there are opportunities for the UK in three key clean technology industries, all of which are featured in the strategy 1/8.

RT @RachaelAHenry: Industrial strategy announcement yest didn’t receive attention it deserved – understandable, considering the internation….

The only questions are ones of longevity and scale - will this 10-year strategy be seen to completion, and is it going to be backed by enough funding firepower to get the job done? 8/8.

The focus on reducing energy costs and building long-term certainty for these industries is very welcome. The use of strategic, catalytic finance and a new skills offer will help to make the UK a very attractive place to invest in the industries of the future. 7/8.

There is also a very welcome focus on foundational sectors such as ports, steel and other materials manufacturing. The presence of these industries are vital for the success of factories around the country who rely on their supply of material inputs. 6/8.

The strategy doubles down on green transport with support for zero emissions vehicles and sustainable aviation. Low-carbon transport technologies, such as battery powered electric vehicles, are growing much faster than their fossil fuel equivalents around the world. 5/8

With a bit of investment in factories and skills, the UK's strengths in boilers can transition to heat pumps 4/8.

Second, heat pumps. Once again, there’s a global manufacturing shortage. The UK has one of the largest heating and cooling industries in Europe but is currently specialised in boiler manufacturing. We know that there is significant overlap in making boilers and heat pumps 3/8

First, Wind. The UK has seen some of the fastest growth in offshore wind energy in the world, but has been slow to develop an industry around the supply chain. With supply shortages emerging, it is a great time for to invest in expanding wind manufacturing in Britain. 2/8

RT @S_Gasperin: The UK Government has launched its new Industrial Strategy today. Very excited to see our @IPPR report ("The Heatwave") on….

RT @IPPR: After 15 years of chop and change, today's industrial strategy is a real turning point for the UK economy. Business finally has….

RT @TaxJusticeNet: Just 0.2% of all millionaires moved to another country in 2024, but news outlets around the world spun this into a “mill….

RT @haugejostein: The Economist could not be more off-target. At a time when the most successful case of economic development is based on….

RT @haugejostein: GDP growth is useless unless it delivers social benefits. GDP does not distinguish between $1 million in weapons and $1….

RT @Jamie_OHall: I wrote for @FENews highlighting the long-term consequences of poor childhood health - with implications lasting into late….

GDP stats today were a pleasant surprise for the Chancellor. BUT there are real headwinds coming up. There needs to be a real commitment to long-term investment. It was great to talk about this on the BBC (with a brief intrusion from Trump. )

RT @JohnArnoldFndtn: The tax code should prioritize present work over dynastic power, yet does the opposite. The highest tax rate is on wag….

RT @IPPR: The UK-India trade deal shows that as Trump's tariffs sow global confusion, being the grown-ups in the room can turn uncertainty….

RT @S_Gasperin: In "Capitalism, Socialism and Democracy", Schumpeter wrote:. "it is not [price] competition which counts but the competitio….

RT @IPPR: ⏰ | NEW BLOG: Social mobility shouldn’t just be about a lucky few beating the odds. In our new blog, we set out a progressive vis….