Drives & Controls Magazine October 2025

n NEWS October 2025 www.drivesncontrols.com 12 THE UK GOVERNMENT SAYS that since it launched its Modern Industrial strategy in June, it has secured more than £250bn of investment in the eight sectors where it believes the UK is already strong, but could grow faster. These include advanced manufacturing and digital technologies. The first Quarterly Update on the strategy reports that it is already delivering tangible results – unlocking private investment, creating high-quality jobs, and positioning the UK as a global leader in future-facing sectors. “Our Industrial Strategy has hit the ground running – securing over £250bn in investment and supporting 45,000 jobs in just a few months,”says business and trade secretary, Peter Kyle. “This shows our strategy is not just working – it’s transforming communities and industries across the country as we deliver on our Plan for Change. “From pioneering clean energy to scaling up advanced manufacturing and digital innovation, we’re backing the sectors that will define the future,” he adds. “This strategy is about delivery, not just ambition – and it’s already laying the foundations for a stronger, more resilient economy that works for everyone.” A new Made Smarter delivery model is being co-developed with Mayoral Strategic Authorities to boost productivity and innovation. It is due to be rolled out in 2026. Meanwhile, the Made in the UK, Sold to the World’ roadshow is connecting small businesses with global trade opportunities and showcasing British enterprises globally. In the advanced manufacturing sector, the new Drive35 programme is injecting £2.5bn to support investment and R&D in the automotive sector. More than 50 cutting-edge automotive projects have secured £70m in innovation funding, while the Government’s £650m electric vehicle grant scheme is accelerating consumer adoption. A £150m redevelopment project at the Port of Tyne with a new deepwater quayside will create potential for 12,000 jobs in advanced manufacturing and clean energy industries. The creation of a new AI Growth Zone in the North East is expected to generate more than 5,000 jobs and attract more than £30bn of private investment. The government says that the achievements so far “are just the beginning of a long-term plan to build a more productive, innovative, and resilient economy. The Industrial Strategy is not just a vision – it is a delivery programme, already shaping the UK’s economic future.” Industrial Strategy ‘secures £250bn of investment and supports 45,000 jobs’ Kyle: Industrial Strategy has hit the ground running

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