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Industrial strategy still relevant, says Greg Clark

Image: British High Commission, New Delhi [CC BY-NC-ND 2.0], via Flickr

Former business secretary says 2017 strategy had brought rewards to UK as government announces update

Former business secretary Greg Clark has dismissed suggestions that the industrial strategy he shaped several years ago is now defunct.

Long-term thinking and investment in R&D are just as important now as they were in 2017 when Clark was the business minister who launched the current industrial strategy, he told the House of Commons’ Business, Energy and Industrial Strategy Committee inquiry on post-pandemic economic growth.

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