Industry and Regulators Committee expresses concern about Government’s Plan for Growth

By July 6, 2021 Industry News

The Industry and Regulators Committee has written to the Exchequer Secretary to the Treasury, Kemi Badenoch MP, with concerns about the Government’s Plan for Growth.

In the letter, the Committee has identified three areas where it has concerns:

  • the lack of prioritisation in the Plan for Growth, given the 180 policies and commitments that have been identified;
  • the lack of reporting on the Plan for Growth’s implementation, which will inhibit effective parliamentary scrutiny;
  • the lack of consultation on the Plan for Growth.

Lord Hollick, Chair of the Industry and Regulators Committee, commented:

“It remains unclear what the Government’s priorities are to recover from the pandemic, boost productivity and economic growth, and deliver net zero by 2050. The Plan for Growth fails to outline these priorities.

“Although the Government has scrapped the Industrial Strategy Council, it has not introduced a system of reporting for the Plan for Growth, which will inhibit effective parliamentary scrutiny. The Government needs to take into account the views of key partners, including businesses large and small, consumers and the devolved administrations.”


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