In the foreword to the Strategy, Prime Minister Keir Starmer, Chancellor Rachel Reeves, and Business and Trade Secretary Jonathan Reynolds say: "Our modern Industrial Strategy provides a new approach for a new era. It is robust, strategic, and unashamedly long-term: a 10-year plan to make the UK the best country to invest in anywhere in the world.

"It represents nothing less than a whole-government effort, with ambitious plans for eight high growth sectors. These sectors have been identified as those best placed to create the wealth, jobs, and higher wages our country needs in every community. Their success is absolutely essential for delivering our Plan for Change. This document sets out the support we will provide."

The eight high growth sectors are:

• Advanced Manufacturing
• Creative Industries
• Clean Energy Industries
• Digital and Technologies
• Professional and Business Services
• Life Sciences
• Defence
• Financial Services

Each has a bespoke Sector Plan, developed with industry, setting out a vision of the sector’s transformation by 2035. You can read the Sector Plans on GOV.UK.

Industrial Strategy announcements that could impact Buckinghamshire

• £4.3bn in funding for Advanced Manufacturing, with up to £2.8bn in R&D over the next five years, benefiting High Performance Engineering companies in the county
• £10m to expand the National Film and Television School, based in Beaconsfield, unlocking £11 million in investment from industry
• Up to £45m per year for UK screen, music and video games
• £99m expansion of Made Smarter from 2026 to help 5,500 more manufacturing SMEs adopt technology
• Increase in UK Export Finance’s total lending capacity reserved for defence exports to £3bn, benefitting local defence businesses
• Targeted regulatory changes and implementation, e.g. to extend drone trial periods and trial autonomous taxis on UK roads by Spring 2026
• New Growth and Skills Levy short courses in areas such as digital, AI and engineering
• Funding uplifts for Industrial Strategy-related priority courses for people aged 16-19
• Support for technology, engineering and defence skills
• And a focus on:
  • Reducing the administrative costs of regulations for businesses by 25%
  • Planning reforms
  • At least £725bn on infrastructure over ten years
  • Improvements to digital infrastructure, including £41m to improve Wi-Fi speed and availability on all mainline trains

Read the modern Industrial Strategy

To read the Industrial Strategy and relevant Sector Plans, see the Industrial Strategy collection on GOV.UK.