The rural economy and medium sized businesses will be at the centre of the next stage of the Growth Review, the Government announced today, as it continues its focus on restoring the economy’s health.
Building on the radical programme of reforms set out in the first Plan for Growth, published at the Budget, the next stage of the review will focus on:
Infrastructure – considering how to eliminate barriers and encourage greater investment in UK infrastructure
- Education and skills – looking across the whole of the education system from schools, FE colleges, universities and other training providers to consider how to maximise economic growth
- Logistics – covering rail, road, shipping and air freight interests and cutting across the wholesale industry, looking at opportunities and barriers to growth as the logistics sector evolves in response to the increasing complexity and globalisation of supply chains
- Mid-sized businesses – examining businesses that have expanded beyond the definition of SMEs, considering how to increase the number of firms that show significant growth at this level
- Rural economy – scrutinizing the constraints, opportunities and risks impacting on economic growth in rural areas, and considering specific issues including labour market characteristics, to support the Government’s commitment to rebalancing the economy
- Open data – investigating the potential growth benefits and risks of opening up access to public sector data assets