UK launches Industrial Strategy Council

The UK government has held the first meeting of its Industrial Strategy Council, with the full membership revealed.

Among those that are now members of the council are Dame Kate Barker, a commissioner at the National Infrastructure Commission, Rupert Harrison, managing director of BlackRock, and Siemens UK chief executive Professor Juergen Maier.

The council met for the first time yesterday, when it was joined by Prime Minister Theresa May, Chancellor Philip Hammond and Business Secretary Greg Clark.

Bank of England chief economist Andy Haldane is the chair of the council, as revealed last month.

“The Industrial Strategy Council has a vital role to play in holding the government to account on our progress in delivering on the ambition set out in our Industrial Strategy,” said Clark.

“I have asked the council to be challenging on how we evaluate our progress in preparing for the industries of the future, delivering increased productivity and high quality jobs across our economy.”

Critics including Liberal Democrat leader Vince Cable had questioned the progress of the government’s Industrial Strategy, with the council only now meeting a year after it was first announced.