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Government strategy ''improving economic growth''

18 March 2010
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Government strategy ''improving economic growth''The business secretary has marked the first anniversary of the New Industry, New Jobs strategy.

According to Lord Mandelson, the scheme has helped the UK lead the way in terms of new industrial development by instigating a new approach to government investment designed to boost economic growth.

"We will need new industrial strengths and we will need to reinforce our position as global leaders in innovative manufacturing and services," he stated.

Those involved in operations management and continuous improvement policies may be interested in his assertion that "a new wave of private sector investment" is needed over the next ten years in order to enhance the nation''s place in international manufacturing and services innovation.

He highlighted the importance in particular of enhancing skills, knowledge and green approaches in order to drive forward the economy.

In a recent review of the UK''s production sector for the Conservative Party, entrepreneur and inventor James Dyson claimed more innovative approaches to the hi-tech industry are required to ensure that the country leads the world in this field.ADNFCR-3058-ID-19677470-ADNFCR
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