What governance structures, funding arrangements, and accountability mechanisms are needed to give local and regional institutions the clarity, powers, and incentives required to deliver effective industrial policy?

Background

The Industrial Strategy is deliberately place-based, recognising that stronger regional growth is critical for the competitiveness of the IS-8 and the resilience of the national economy. The interventions of the Industrial Strategy aim to support growth in the city regions and clusters with the highest potential to support the IS-8 across the UK.

Next steps

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Research fields

Related UKRI funded projects

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Similar ARIs from other organisations

Industrial Strategy, Business Regulation and Growth How do administrative and policy-related costs and burdens (such as investment decisions, operational models and compliance strategies) influence business behaviours, and what is the relative scale of these costs and burdens? Department for Business and Trade, 2026
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