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Written question asked by Wendy Morton (Conservative) on Thursday, 17 July 2025, in the House of Commons. It was due for an answer on Tuesday, 22 July 2025 (named day). It was answered by Sarah Jones (Labour) on Tuesday, 22 July 2025 on behalf of the Department for Business and Trade.


Industry

Question

To ask the Secretary of State for Business and Trade, with reference to p.12 of The UK’s Modern Industrial Strategy 2025 published on 23 June 2025, on what evidential basis his Department determined which business sectors have high potential.

Answer

Invest 2035 (published on GOV.UK in October 2024) identified 8 high-level 'growth driving' sectors (the IS-8): Advanced Manufacturing, Clean Energy Industries, Creative Industries, Defence, Digital and Technologies, Financial Services, Life Sciences, and Professional and Business Services. Pages 18-20 of the Invest 2035 green paper outline the methodology for identifying the IS-8 sectors.

The Technical Annex of the Modern Industrial Strategy 2025 (published on GOV.UK in June 2025) outlines the methodology for identifying the frontier industries within the IS-8 sectors.


Secondary information

Type
Written question
Reference
68767
Session
2024-26
Related items
The UK’s Modern Industrial Strategy
Monday, 23 June 2025
Command papers
House of Commons
House of Lords
Subjects
Industry
Link
View this Written question on www.parliament.uk