DBT publishes UK’s Modern Industrial Strategy 2025
The Department for Business and Trade (DBT) has published the UK’s Modern Industrial Strategy 2025—a ten-year plan aimed at increasing business investment across eight growth-driving sectors, following a consultation launched in October 2024. The Strategy is designed to streamline and accelerate investment processes for businesses, while providing greater certainty and stability for long-term decision-making. Key sector plans include the Clean Energy Industries and Advanced Manufacturing Sector Plans. The Clean Energy Industries Plan sets out an ambition to double investment in frontier clean energy industries—including onshore, offshore and floating offshore wind, nuclear fission, hydrogen, carbon capture usage and storage, and heat pumps—to over £30bn annually by 2035. The Advanced Manufacturing Sector Plan outlines a target to increase annual business investment from £21bn to £39bn by 2035, focusing on six priority industries: automotive, aerospace, batteries, space, advanced materials and agri-tech. These plans are supported by the Industrial Strategy Zones Action Plan, which brings the Freeports and Investment Zones programmes together as Industrial Strategy Zones, aiming to support regional and national growth and attract over £50bn in private investment into high-potential city regions and industry clusters.