Investing in Britain's future

The Government has launched a strategic plan to enable Britain to thrive in the key sectors of the future - creating wealth and jobs in environmental technologies, digital industries, biosciences and advanced manufacturing.

Labour is investing now so we are best placed to take advantage of the upturn. We will prepare the British economy for the jobs of the future.

Labour’s Business Secretary Lord Mandelson, said:

"The world's economy, emerging from the downturn, is set to double in size creating major new opportunities for British business. But global competition is getting tougher and technological change is happening faster. We can't afford to stand back as other countries invest and skill-up to win in high-value markets and sectors.

"To succeed in this hi-tech, low carbon economy of the future, to drive growth and to secure more high-value jobs in the UK, we need to act. It's not about picking winners or ignoring market signals but removing barriers which hold business back.

"Britain has the skills, resources and knowledge base to do well but the Government's job is to do everything it can to strengthen our competitive position further. It's about creating the best possible conditions in which UK businesses can thrive; removing barriers to success and offering targeted support to unlock new potential in existing and new technologies."