The industrial strategy was launched in the United Kingdom to the end of June

Digest opened free editor

Rola Khaleda, FT editor, chooses her favorite stories in this weekly newsletter.

The long -awaited industrial strategy for Britain has been re -launched to the end of June, as the pressure on the ministers is escalating to reach an ambitious plan to reduce the punishable industrial energy costs in the country.

The strategy, which was originally launched in the spring, was suspended where the ministers held negotiations at the last minute with the Ministry of Treasury on the budgets of departments, before reviewing the spending on Wednesday.

“Everything depends on the spending review,” said one of the people working in the industrial strategy, which gives priority to eight sectors of “growth.” “There are a lot of square brackets in the text. Anyone can predict this.”

Government officials said that the plan will be launched now in the last week of June and admitted that the position at the last minute on the White Hall budgets had been raised.

But one of Jonathan Reynolds’s ally, the Minister of Business, said that the work was almost completed and there was a desire to ensure that the strategy had a good opening in the “network” of government ads, to ensure maximum attention.

In a big month for Prime Minister Sir Kerr Starmer’s economic policy, Chancellor Rachel Reeves will announce the conclusions of her spending review – covering the rest of Parliament – on June 11.

The long -term infrastructure plan is scheduled to be announced the following week, accompanied by advertisements for specific projects. The industrial strategy and a separate commercial strategy will be launched a week starting from June 23.

The industrial strategy will include plans for advanced manufacturing, clean energy, creative industries, defense, digital and technologies, financial services, life sciences, professional services and commercial services.

It will also address two major issues that affect the entire economy: High energy costs And the lack of skills. The heads of industry want significant investments in both fields.

On Friday, the Business and Trade Committee of the House of Community urged the ministers to “settle the stadium” to energy costs with the competing countries.

“We know that one of the questions is how to make energy more affordable, especially for many of our intensive works that use energy where the price is compared to other countries around the world is just a competitive,” Rachel Reeves told an audience at the annual dinner of the CBI.

The counselor added: “This is a question that we know that we need to answer the industrial strategy within a few weeks.”

The heads of industry, who have been informed of government thinking, are concerned that the ministers may focus on helping a few hundred Companies participating in the energy sectors Like steel and ceramics and they say they want to help spread on a wider scale on other companies.

The committee also called for improving public purchases, and new measures to help companies reach the financing of expansion and the transfer of authorities through technical education and training after 16 to the elected mayors.

“In a dissident global matter, we are home to the leading science and technology in the world, the political stability, and a creative leader played by rules and one of the greatest financial centers in the world. In the new world that is formed, we reserve many effects,” said Liam Bernin, Deputy Labor and Chairman of the Committee.

But he warned that such a situation needs to be strengthened by “reshaping the British state for a new economic era.”

“This report is another evidence of the difficult facts facing the British industry-high energy costs in the sky, and the inability to reach talents and investments that are not exploited from not reaching financing,” said Stephen Vipson, CEO of Lobby Lobby Make UK.

The Ministry of Business and Trade said that it is determined to create “the best possible conditions for the private sector to flourish” and “has been widely consulted with hundreds of companies” on the industrial strategy.