Five new business-focused groups are being formed to ‘unleash Britain’s growth potential and create jobs’, as part of the Government’s plans to help the economy bounce back from the coronavirus pandemic.
Business Secretary Alok Sharma chaired the first meetings of the new ‘recovery roundtables’, which started last week, bringing together businesses, business representative groups and leading academics. They will consider measures to support economic recovery and ensure the country has the right skills and opportunities in place for its workforce over the next 18 months.
They will also explore key domestic and global challenges to support ‘a green and resilient recovery’ and ensure the UK is at the forefront of new and emerging industries.
Focused on five key themes, each group will explore how business can work with government to deliver economic growth and jobs:
* The future of industry: How to accelerate business innovation and leverage private sector investment in research and development
* Green recovery: How to capture economic growth opportunities from the shift to net zero carbon emissions
* Backing new businesses: How to make the UK the best place in the world to start and scale a business
* Increasing opportunity: How to level up economic performance across the UK, including through skills and apprenticeships
* The UK open for business: How to win and retain more high value investment for the UK.
Each working group will comprise 20-25 participants and will be chaired by the Secretary of State Alok Sharma.
There will also be an opportunity for other parties and individuals interested in this initiative to share written submissions with the Business Department.