Raise public investment in R&D and innovation targeting IS-8 sectors from £20.4bn in 2025/26 to £22.6bn/year by 2029/30

Direct over £9bn via new UKRI 4-year funding allocations to IS-8 frontier technologies and industries

Deploy £4bn British Business Bank Industrial Strategy Growth Capital for IS-8 scale-ups and start-ups

Deliver Post-16 Education and Skills White Paper IS-targeted skills package worth over £1bn

Provide over £1.5bn for Youth Guarantee and Growth and Skills Levy supporting young people into work

Pass Planning and Infrastructure Act to fast-track planning decisions for critical infrastructure sites

Establish technical excellence colleges across England for IS priority skills — 19 announced at IS launch (2025), 29 confirmed one year on

Put Industrial Strategy Advisory Council on statutory footing, making it permanent and independent

Deploy £500m Local Innovation Partnerships Fund across 10+ confirmed places supporting local R&D

Allocate £500m Mayoral Revolving Growth Fund for regional economic growth across mayoral areas

Issue Advance Market Commitment of up to £100m for novel AI inference chips, followed by clean concrete

Establish National Wealth Fund with £27.8bn total capital, at least £5.8bn for green/industrial sectors

Launch British Industrial Competitiveness Scheme from 2027, reducing electricity costs by ~£35-40/MWh to 2030

Uplift Network Charging Compensation scheme from 60% to 90% discount for energy-intensive industries from April 2026

Publish Critical Imports and Supply Chains Strategy covering 13 CNI sectors and 5 IS-8 growth sectors

Expand High Potential Individual visa to cover graduates of top 100 global universities

Simplify and expand Global Talent visa routes for science, technology and finance professionals

Publish new UK Trade Strategy setting direction for international goods and services trade

Achieve over £79bn investment commitments made into IS-8 sectors by end of Parliament

Achieve 50,000+ jobs created from investment commitments into IS-8 sectors

Deliver £1.5bn annual reduction in business administrative burden through regulatory reform

Deploy £500m Oxford-Cambridge Growth Corridor investment package for tech and innovation

Deploy UK Export Finance with up to £13bn direct lending and target £10bn clean growth finance 2024-2029

Establish Sterling 20 partnership between pension funds, insurers and UK infrastructure projects

Enact Employment Rights Act to balance worker protections and business flexibility

Near doubling of business investment in Advanced Manufacturing to £39 billion per year by 2035

Commit £4.5bn in funding for Advanced Manufacturing including up to £2.8bn in R&D over 5 years to 2030

£380m grant to Agratas unlocking £5bn private investment for Somerset gigafactory

DRIVE35 Supplier Readiness Scheme: up to £100m for EV supply chain transition in West Midlands and North East

Made Smarter programme: £116m to support 5,500+ SMEs adopting digital manufacturing tools

Publish Circular Economy Strategy for England in 2025, with clean energy industries roadmap by 2026

Reduce planning barriers for critical manufacturing infrastructure via Planning and Infrastructure Act

Commit over £2bn for automotive sector via Auto2030 programme including EV transition to 2030

Commit £975m for aerospace sector to support zero-carbon aircraft development and supply chain to 2031

Commit up to £150m for Connected and Automated Mobility (CAM2030) through 2030 for self-driving deployments

Fund £960m Green Industries Growth Accelerator for CCUS, hydrogen, offshore wind, networks and nuclear manufacturing

Commit £520m for life sciences manufacturing to build resilience and support health emergency preparedness over 5 years

Expand DRIVE35 programme to £4bn total investment through 2035 supporting full EV industry transition

Support Nissan £450m investment in Sunderland Leaf production continuity, securing 6,000 jobs

Publish UK Battery Strategy setting out 10-year vision for battery manufacturing sector

Expand Made Smarter Adoption programme to all English regions from 2025-26, then devolved administrations from 2026-27

Develop and publish Space Sector Plan setting out 10-year government interventions for UK space sector

Invest £185m in Industrial Energy Transformation Fund for industrial site energy efficiency and decarbonisation from 2025

South Yorkshire Investment Zone: deliver 8,000 new jobs and £1.2bn investment in advanced manufacturing by 2030

Pilot a Manufacturing Observatory with Institute for Manufacturing to improve supply chain data and analysis

Launch new R&D support scheme for aerospace SMEs with up to £10m available per year via ATI Programme

Launch CAM Centre of Excellence for UK Connected and Automated Mobility coordination and commercialisation

Establish Large Structures Innovation Centre for offshore wind turbine and marine sector manufacturing

Publish Hydrogen Production Roadmap to 2035 setting out vision for low-carbon hydrogen production

Develop dedicated agri-tech sector commitments within AM Sector Plan covering food and farming technology

Simplify and reform government process for automotive capital grants to be more business-friendly

Invest £250m in two successful LIFTS bidders generating over £1bn investment from pension funds into UK science and tech

Publish a Manufacturing Skills Forum establishing National Manufacturing Skills Task Force for workforce planning

Government to sponsor an Equality Charter for the advanced manufacturing sector, delivered via a Make UK-led Equality Taskforce, underpinning a '35 by 35' target to raise female representation in the manufacturing workforce to 35% by 2035

Target at least doubling investment across Clean Energy Industries to over £30bn per year by 2035

Invest more than £8.3bn over this Parliament in homegrown clean power via Great British Energy

Launch £1bn Clean Energy Supply Chain Fund via Great British Energy to support domestic manufacturers

Deploy National Wealth Fund with at least £5.8bn over Parliament targeting CCUS, hydrogen, gigafactories, ports, green steel

Announce £300m for offshore wind via Great British Energy Supply Chain Fund

Deploy 43-50 GW of offshore wind by 2030, with at least 12 GW securing a CfD across AR7-AR9

Bring up to 20-30 GW of new offshore wind seabed rights to market by 2030 (for projects built by 2040)

Deploy 27-29 GW of onshore wind in Great Britain by 2030

Invest £300m in High Assay Low Enriched Uranium (HALEU) fuel programme for advanced reactors

Commit £14.2bn for Sizewell C nuclear power station, supporting 10,000 construction jobs and 1,500 apprenticeships

Invest over £2.5bn for Small Modular Reactor (SMR) programme across Spending Review period; select Wylfa for first site

Designate new National Policy Statement EN-7 for new nuclear energy generation to streamline planning

Establish independent Nuclear Regulatory Taskforce for civil and defence nuclear; final report autumn 2025

Publish Strategic Spatial Energy Plan (SSEP) expected late 2026 to set long-term clean energy geography

Publish full Clean Energy Workforce Strategy in summer 2025 via Office for Clean Energy Jobs

Invest over £100m over 3 years to support engineering skills for the clean energy sector in England

Invest up to £12m in UK Data Sharing Infrastructure for clean energy data from April 2026

Invest £625m in skills to train thousands of new construction workers for clean energy projects

Award £55m to Port of Cromarty Firth to develop floating offshore wind infrastructure

Make up to £80m available for Future Port Talbot project to support floating offshore wind manufacturing

Fund £500m multi-year R&D Missions Accelerator Programme, leveraging £1.5bn private and third-sector investment

Invest £86m in transformative clean energy R&D through UKRI

Launch expanded Office for Investment to attract and facilitate clean energy foreign direct investment

Launch Connections Accelerator Service to help businesses access electricity grid connections; operational end 2025

Publish Onshore Wind Strategy with over 40 actions to accelerate deployment

Set industry-led UK local content goal covering whole lifecycle of onshore wind projects by end 2025

Reform Contracts for Difference (CfD) scheme: relax eligibility, evolve offshore wind budgets, provide auction schedule

Introduce new CfD supply chain metrics by end 2025 to assess health and success of the supply chain

Publish 2025 Critical Minerals Strategy to secure supply chains for clean energy technologies

Develop Circular Economy Roadmap for Clean Energy Industries, to be published in 2026

Work towards linking UK Emissions Trading Scheme with EU ETS to align carbon pricing

Develop Electricity Networks Industry Growth Plan in collaboration with sector during 2025

Launch Regional Skills Pilots in Aberdeen, Cheshire, Lincolnshire and Pembrokeshire for clean energy workforce

Fund up to £20m over 7 years through UKRI Sustainable Industrial Futures programme

Deploy an estimated £10bn/year in largely private investment into electricity transmission networks

Award Celtic Sea floating wind rights for 4.5 GW site through Crown Estate

Conduct onshore wind supply chain capability analysis with RenewableUK to identify gaps and opportunities

Make UK one of top 3 places in the world to create, invest in and scale a fast-growing technology business by 2035

Secure UK's first trillion-dollar technology business

Direct nearly £4bn from UKRI to Digital and Technologies sector over the Spending Review period

Invest £670m in quantum computing including 10-year funding settlement for National Quantum Computing Centre

Secure 15% of global quantum technology market by 2033

Invest £196m in National Engineering Biology Programme and £184m in scale-up infrastructure (£380m total)

Invest £240m in Advanced Connectivity Technologies (ACT) 4-year research programme

Invest £130m to strengthen UK telecoms lab and testbed infrastructure for 5G/6G development

Commit over £2bn to expand compute, data and skills for artificial intelligence

Invest £1bn to expand AI Research Resource providing compute infrastructure for researchers

Invest up to £750m for new national AI supercomputer in Edinburgh

Upskill 7.5 million people in AI skills by 2030

Establish UK Semiconductor Centre as single point of contact for semiconductor industry investment and policy

Invest £25m in two additional semiconductor Innovation and Knowledge Centres

Fund £35m Semiconductor Talent Expansion Programme (courses and bursaries) to grow the UK chip workforce

Commit £60m National Wealth Fund stake in Pragmatic Semiconductor to scale UK chip manufacturing

Invest £21m to promote secure-by-design hardware based on CHERI architecture across UK tech sector

Support National Cyber Innovation Centre in Cheltenham expected to catalyse £1bn in private cyber investment

Fund £10m Cyber ASAP programme supporting 25 academic cyber security research teams annually

Support Belfast Cyber AI Hub to deliver 28 academic spinouts by 2030

Extend Cyber Runway accelerator programme supporting 60 tech startups annually

Launch AI Growth Zones in North and South Wales with potential to unlock £124bn private investment

Expand compute access for AI researchers backed by up to £250m to increase UK AI Research Resource

Launch AI Growth Lab sandbox for testing AI in regulated products and services

Designate Lanarkshire AI Growth Zone targeting 3,400+ technology jobs

Commit £370m total for advanced connectivity including ACT programme and UK Telecoms Lab strengthening

Expand Ellison Institute R&D facility in Oxford by £10bn over a decade, supporting 7,000 jobs

Invest £54m in Global Talent Taskforce to attract leading international scientists and technology experts to the UK

Deploy up to £330m National Security Strategic Investment Fund to strengthen defence-adjacent technology R&D

Implement all 50 recommendations of the AI Opportunities Action Plan to accelerate UK AI adoption and growth

Publish Compute Roadmap setting out long-term vision for UK AI and digital compute infrastructure

Publish Cyber Growth Action Plan to advance UK cybersecurity sector employment and export growth

Designate AI Growth Zone in North East England with potential to create 5,000+ technology jobs

Launch AI Pathfinder Programme in Northamptonshire with £150m initial public investment as part of £18bn 5-year national AI infrastructure deployment

Make UK the leading Life Sciences economy in Europe by 2030

Provide over £2bn government funding for Life Sciences sector over the Spending Review lifetime (alongside UKRI and NIHR)

Invest up to £600m in Health Data Research Service (HDRS) alongside Wellcome Trust as world-class health data infrastructure

Provide up to £520m in grants via Life Sciences Innovative Manufacturing Fund (LSIMF) over 5 years to 2030

Invest up to £354m in Our Future Health expansion; target 5 million consented participants by 2030

Invest up to £20m in UK Biobank for proteomic analyses of all 500,000 participants by 2030

Provide over £650m to Genomics England; target 500,000+ genomes hosted and 150,000 adults sequenced by 2030

Invest at least £30m to establish 3 integrated translational research networks bridging lab to clinic

Provide additional £4bn Industrial Strategy Growth Capital via British Business Bank for life sciences scale-ups

Cut clinical trial set-up delays to fewer than 150 days by March 2026

Deliver MHRA digital transformation from 2026 enabling faster and more predictable regulatory decisions

Introduce pre-market statutory instrument including International Reliance Framework to Parliament by Autumn 2026

Publish MHRA framework for AI in medicines and devices regulation in 2026

Introduce Single National Formulary to remove bureaucratic delays to patient access for medicines

Expand NICE technology appraisal process to cover devices, diagnostics and digital products from April 2026

Introduce NHS Innovator Passport for MedTech by 2026 to accelerate adoption of proven innovations

Update NIHR governance model to require dual mandate for both health improvement and economic growth

Introduce NIHR R&D Innovation Catalyst to substantially enhance support for BioTech and MedTech SMEs

Support creation of a single comprehensive UK database for all clinical trials

Create OSCHR-led UK-wide research portfolio database and management tool for coordinating public health R&D

Publish strategy by end 2025 to support development and uptake of alternative models to animal testing

Land at least one major international life sciences strategic partnership per year over Spending Review period

Establish dedicated service to support 10-20 high-potential UK life sciences companies to scale and remain domiciled in UK

Build, test and iterate NHS HealthStore enabling access to approved health apps for patients

Establish Regional Health Innovation Zones (initially 2-3 regions) for large-scale innovation development and adoption

Strengthen and expand Innovation Scorecard for medicines and MedTech to cover more products and metrics

Double UK commercial clinical trial participants to 50,000 annually via Our Future Health by 2030

Become top 3 fastest place in Europe for patient access to new medicines by 2030

Increase UK defence spending to 2.6% of GDP by 2027 as the foundation for industrial strategy delivery

Set ambition to reach 3% of GDP on defence spending in the next Parliament

Deploy £250m Defence Growth Deals Fund across five regions over five years, boosting local economies

Invest £182m to establish five Defence Technical Excellence Colleges across UK, applications by end 2025

Invest £80m in world-leading universities for defence research facilities and course expansion

Fund £50m for approximately 2,400 new student university places for defence-related subjects over six years

Create Plymouth £4bn 10-year investment programme for naval base and marine autonomy innovation

Create up to 50,000 additional defence sector jobs by 2034/35 through increased defence spending

Appoint National Armaments Director to centralise and professionalise defence procurement

Establish Defence Industrial Joint Council (DIJC) replacing Defence Suppliers Forum to deepen industry partnership

Double Defence Nuclear Enterprise intake of new entrants through apprenticeships and graduate programmes

Quadruple number of specialist science and nuclear fission PhD programmes in Defence Nuclear Enterprise

Launch apprenticeship and graduate clearing-style system for defence sector careers in 2026

Scope and develop Defence Skills Passport enabling mid-career and veteran transitions into defence sector

Launch regional STEM engagement programme promoting defence careers to over 800,000 school pupils

Sign £1bn+ Leonardo helicopter contract supporting 3,300 UK jobs in defence manufacturing

Commit £500m+ RAF Typhoon upgrade package supporting 1,500 UK aerospace and defence jobs

Secure five initial Defence Growth Deals across England, Scotland, Wales and Northern Ireland

Publish Defence Industrial Strategy 2025 setting out 10-year vision for UK defence industry to 2035

Identify munitions factory sites across UK and create up to 1,000 manufacturing jobs

Invest £220m to transform Defence test, evaluation and experimental capability and deliver Tech Scaler programme

Invest £65m to boost smaller defence businesses and exporters through new MOD defence export support offices

Secure £10bn Norway export contract for five Type-26 frigates built by BAE Systems, supporting 4,000 UK shipbuilding jobs

Attract Palantir European HQ to UK, anchoring £1.5bn Defence AI innovation investment and creating 350 high-skilled jobs

Secure £1.6bn Thales Belfast contract to manufacture 5,000 air defence missiles for Ukraine, creating 200 UK jobs

Publish Defence Investment Plan setting out MOD procurement, innovation and capability investment choices for the next decade to 2035

Contract MBDA to deliver DragonFire directed-energy laser weapon for Royal Navy at £316m, with deliveries from 2027, supporting 600 jobs

Allocate £555m UKRI defence R&D funding over the Spending Review (£391m strategic priorities; £164m innovative companies)

Facilitate £8bn Turkey Eurofighter Typhoon export contract, supporting 20,000 UK aerospace jobs across multiple manufacturing sites

Launch Back British defence procurement consultation to embed UK supplier and skills requirements in MOD contracts

Launch Destination Defence national campaign promoting defence sector careers to UK workforce and school leavers

Establish a Defence Office for Small Business Growth as a dedicated MOD contact point for SMEs, supporting procurement access, supply-chain experience, market engagement, export advice and a confidential concerns channel, as part of the commitment to increase MOD spend with SMEs by £2.5bn by 2028

Nearly double business investment in Creative Industries from £17bn to £31bn by 2035

Invest £380m in targeted Creative Industries funding across innovation, R&D, skills and regional growth

Establish £150m Creative Places Growth Fund for six English regions over three years

Allocate £50m for additional Creative Industries Clusters doubling UKRI investment to £100m total

Fund £25m for five UKRI CoSTAR R&D innovation labs and two showcase spaces for creative technology

Invest £10m in National Film and Television School to train 2,000 new trainees and apprentices over a decade

Provide £9m for new creative careers service raising awareness and creating pathways for young people

Allocate £75m Screen Growth Package including enlarged UK Global Screen Fund and scaled BFI Film Academy

Commit up to £30m Music Growth Package for touring, performance, mentoring, export and grassroots venues

Commit £30m Video Games Growth Package via UK Games Fund expansion and London Games Festival support

Establish Creative Content Exchange as marketplace to sell, buy and license digitised cultural and creative assets

Allocate £369m UKRI funding for Creative Industries R&D over the Spending Review period

Deliver 2,000 new film and TV apprenticeships over the Spending Review period

Grant Special Development Order permitting £6.2bn Universal Studios Bedfordshire development supporting 20,000 jobs

Enable planning approval for £750m Marlow Film Studios development supporting 4,000 jobs

Publish AI and Copyright framework report to protect and support creative sector IP in the age of AI

Generate economic growth and jobs across six English regions outside London over three years via creative investment

Establish Creative Sector Skills Forum to build industry-led training pathways for current and future creative workers

Roll out new Creative Higher Technical Qualifications aligned to creative sector workforce needs

Develop and publish industry-agreed fair remuneration principles for creators and music sector workers

Restructure Creative Industries Council (CIC) with new co-chairs and four strategic working groups covering Innovation, Finance, Workforce and Trade

Launch Discover! Creative Careers campaign targeting 100,000+ students aged 11-18 across six IS regions by March 2026

Fund £25m Createch Futures programme supporting creative technology innovation from the 2025 Spending Review

Open Creative Clusters Round Two with £27m allocation (up to £7m per project) for regional creative economy development

Facilitate £45m British Business Bank cornerstone investment into Redrice Ventures creative sector seed-stage fund

Launch single front door finance access service in 2026 guiding creative businesses to government grants, loans and investment

Maintain and grow UK as world's largest net exporter of financial services

Deliver significant reform of Financial Ombudsman Service, ending its quasi-regulator role and setting shorter deadlines

Set new shorter FCA application deadlines for new firms and senior managers to enter UK market

Shorten PRA application deadlines for new banks and senior managers to improve UK market entry

Review Consumer Duty scope to provide more certainty and reduce compliance burden for wholesale market firms

Review and reform ring-fencing regime to support banking sector growth while maintaining stability

Implement Basel 3.1 with transitional measures to maintain UK bank competitiveness in capital requirements

Establish Office for Investment: Financial Services to assist international firms investing in UK FS

Announce implementation of Overseas Recognition Regimes for aligned foreign financial regulators

Deepen UK-EU financial services relationship, including via the Berne Financial Services Agreement with Switzerland

Launch FCA and PRA Scale-Up Unit to enhance engagement and support for fast-growing financial firms

Accelerate Open Finance and Smart Data initiatives to improve SME access to finance and services

Appoint AI Champions for financial services to drive AI adoption across banking, asset management and capital markets

Enable Long Term Asset Funds (LTAFs) to be held in Stocks and Shares ISAs to channel retail investment

Reform the financial advice and guidance landscape to address risk aversion and promote retail investment

Implement Wholesale Financial Markets Digital Strategy including blockchain and AI adoption in capital markets

Modernise shareholder frameworks by removing paper share certificates and updating voting processes

Issue first Chancellor remit letter to Financial Market Infrastructure Committee setting strategic direction

Support Financial Services Skills Commission to develop sector skills compact covering AI and emerging skills

Commission report on AI skills needed to drive UK financial services growth and productivity

Invest via British Business Bank Cluster Champions programme to support fintech clusters in Leeds, Manchester and Edinburgh

Deploy £500m Mayoral Recyclable Growth Fund for financial services and regional economic growth

Approve PISCES private securities exchange operators to create new UK private capital markets venue

Make UK world's most technologically advanced global financial centre

Establish Centre for Finance, Innovation and Technology (CFIT) coalition to drive financial sector innovation

Make UK the world's most trusted adviser to global industry and second-largest PBS exporter by 2035

Invest over £150m in five transformative AI and technology programmes for legal, consulting and accountancy sectors

Launch PBS-adapted Made Smarter digital adoption programme to help PBS firms adopt AI and digital tools

Enhance Innovate UK Next Generation Professional Services programme for PBS firms and start-ups

Establish five PBS centres of excellence across city regions from Birmingham to Glasgow offering firms AI advice

Create new national AI skills hub for Professional and Business Services sector

Launch marketing campaign for UK PBS sector through GREAT+ programme to attract global clients and talent

Expand regulator support for mutual recognition of professional qualifications agreements with EU, US and key markets

Establish Trade Digitalisation Task Force to advise PBS firms and clients on digital trade documents and processes

Provide UK Export Finance guarantees for PBS firms securing early-stage overseas project contracts for first time

Appoint PBS AI Champion by summer 2025 to lead AI adoption across the professional services sector

Launch English Law Promotion Panel to promote UK legal services and English law globally

Extend UK-Switzerland Services Mobility Agreement to 2029 to support PBS firms operating between countries

Launch LawtechUK programme to support legal technology sector growth and innovation

Launch research programme tackling PBS innovation barriers, starting with real estate sub-sector

Target 500,000 additional jobs and £322bn GVA growth (113% increase) in Professional and Business Services sector by 2035

Allocate £118m UKRI R&D investment for Professional and Business Services sector over the Spending Review period

Implement Solvency II reform enabling UK insurance firms to invest more in productive assets by reducing risk margin requirements

Introduce UK Sustainability Reporting Standards aligned to IFRS S1/S2 as mandatory climate disclosure for large UK companies, replacing proposed UK Green Taxonomy

Implement simplified UK prospectus and public offers regime under FSMA 2023 to reduce listing compliance burden

Reform SMCR to reduce pre-approval requirements and administrative burden for UK financial firms while maintaining systemic accountability

Publish National Payments Strategy setting out 10-year vision for UK payments regulation and infrastructure

Drive DC pension consolidation and reform default investment to channel assets into UK productive finance through Pensions Review and legislation

Establish UK Video Games Council as formal industry-government body for video games sector plan delivery, skills, regulation and international promotion

Publish Creative Industries Export and Soft Power Strategy to double UK creative industry exports from 109bn by 2035 working with DBT and DCMS

Introduce 40% business rates relief for qualifying film and television studio spaces in England to support UK studio infrastructure and inward investment

Establish Professional and Business Services Council (PBSC) as formal sector governance body for PBS sector plan delivery and Skills England coordination

Confirm continuation of government funding for Level 7 apprenticeships from January 2026 maintaining PBS sector access to management and professional qualifications

Support establishment of PropTech digitisation coalition connecting UK real estate sector with technology providers to modernise property services

Negotiate mutual recognition of professional qualifications with India covering accountancy, legal services and engineering, building on UK-India Enhanced Trade Partnership

Publish annual Industrial Strategy Progress Report covering all sector plan commitment delivery, IS-8 business investment trends, and IS impact on structural investment gap

Mandate ISAC to publish independent annual competitiveness assessment across IS-8 sectors to inform spending review and IS course-correction decisions

Align Investment Zone programme with IS-8 sector priorities through revised criteria and reporting to ensure Investment Zones serve IS growth objectives in designated regions

This Government will ensure a UK offsets regime is launched in the first half of 2026 to boost UK investment and growth, subject to a public consultation on the regime’s design.

MOD will deliver the plan for Barrow to support the long-term delivery of the nuclear deterrent through strategic investment in submarine construction infrastructure and workforce at the Barrow-in-Furness complex.

This Government will pursue a Security and Defence Partnership with the EU, setting the ambition for closer cooperation and joint investment in the shared defence industrial base.

MOD will strengthen and expand industrial partnerships with Ukraine, including through the Defence Material Cooperation Framework Arrangement, sharing battlefield technology, boosting Ukraine drone production, and creating long-term industrial partnerships to design and build at scale.

MOD will ensure the Triple-lock on the nuclear deterrent is guaranteed — maintaining strategic investment in capabilities and programmes to ensure the Defence Nuclear Enterprise continues to realise significant benefits for the wider UK economy.

MOD will deliver defence contracting reform to create a more competitive, productive and efficient defence sector.

MOD will establish UK Defence Innovation (UKDI) to transform defence’s innovation ecosystem — driving pace and agility of defence innovation, improving industry access to innovation funding, establishing and maintaining a clear defence innovation portfolio, and enabling better pull-through of cutting-edge ideas into capabilities and commercial products.

The Government will publish a new Steel Strategy setting out measures to build resilience and support the domestic steel industry.

The Government will launch a new Supply Chain Centre to inform government policy, develop metrics to monitor how programmes deliver against resilience objectives, and map supply chain data across advanced manufacturing sectors.

The Government will launch a new Robotics and Automation programme creating a network of Robotics Adoption Hubs to accelerate industry uptake of robotics and automation in manufacturing.

The Government will develop and publish an Automotive Technology Strategy in 2026 to shape the focus of ambitious investment programmes, underpin developing industrial policy, and provide long-term clarity on UK technology priorities for the automotive sector.

The Government will implement the world-leading Automated Vehicles Act by 2027 to pave the way for self-driving vehicles to be used safely and securely on British roads.

The Government launched the Sustainable Aviation Fuel (SAF) Mandate on 1 January 2025, setting targets for increasing SAF in UK aviation fuel mix, supported by the Advanced Fuels Fund (grants for advanced fuels development) and the Revenue Certainty Mechanism (unlocking investment in UK SAF plants).

The Government will deliver the Future of Flight programme to support the development of safe, secure, and sustainable advanced air mobility, including drones and eVTOL (electric vertical take-off and landing) aircraft.

The Government will deliver the Private Investment Framework for Space to attract private capital into the UK space sector, alongside supporting companies from start-up to scale-up through grants, procurement, and co-investment.

The Government will launch a new National Materials Innovation Programme (NMIP) targeting high-growth application-focused opportunity areas in advanced materials, creating networks of key stakeholders and pilot projects, and targeting investment in Materials 4.0 and Testing & Verification.

The Government will establish the Agri-Tech Export Accelerator programme to support the agri-tech sector to seize global commercial opportunities and grow exports.

The Government is investing in the Battery Innovation Programme (formerly Faraday Battery Challenge) to encourage innovation in emerging battery technologies for advanced manufacturing.

The Government is expanding the Made Smarter Innovation programme to drive manufacturing technology R&D and innovation (distinct from Made Smarter Adoption, which supports SMEs in adopting existing digital tools).

The Government will update the regulatory framework for corporate reporting, transitioning the Financial Reporting Council (FRC) into a revamped regulator with extended scrutiny of large unlisted businesses' audits, measures to oversee the audit market, and protection against conflicts of interest at audit firms.

HM Treasury will bring forward a package of changes to the Money Laundering Regulations (MLRs) by the end of 2025 to deliver a clearer and more proportionate anti-money-laundering regulatory framework for PBS firms.

The Government will implement the Arbitration Act (modernising arbitration law), continue taking the Digital Assets Bill through Parliament, and promote English and Welsh law internationally through strategic international engagement and capacity-building projects.

The Government will establish UK regional PBS Hubs in partnership with Mayoral Strategic Authorities and the Scottish Government to support PBS sector business forums, 'Going for Growth' roadshows, and regional economic development.

DSIT will boost the UK's chip design capability through a new Chip Design Enablement Programme, increasing domestic capacity and competitiveness in semiconductor chip design.

DSIT will develop a quantum skills action plan with the sector to address skills gaps and talent pipeline needs for quantum technologies.

The Government will empower the Health Innovation Network (HIN) to drive innovation and investment at scale, strengthening support to deliver at least £400 million of investment leveraged annually, at least 1,000 jobs safeguarded or created, and at least one million patients benefitting per year from national HIN programmes.

The Government will place a Growth Mandate on NHS commercial activity including NHS Supply Chain and within the Medicines Procurement and Supply Chain Frameworks, using Value Based Procurement methodology to drive procurement towards the most clinically and cost-effective products.

The Government will deliver the ambitions of the Healthcare Goals programme across five clinical priority areas (Addiction, Cancer, Dementia, Mental Health, and Obesity) with continued significant government funding, measured against quantifiable and timebound KPIs.

The Government will continue to implement the NHS Net Zero Roadmap, monitoring progress towards net zero ambitions through an agreed standard covering the life sciences sector and the health system, with industry co-partnership.

MOD will implement a central digital platform for defence suppliers to simplify procurement processes under the Procurement Act.

The Government will deliver a £625 million construction skills programme to boost the domestic construction workforce.

Establish a Defence Materials Centre of Excellence in Manchester to support advanced materials R&D for defence applications.

The Government will develop a Future Workforce in Space programme via Skills England to address skills needs in the space sub-sector.

The Government will deliver the ADOPT fund (Agri-tech Demonstrators of Productivity and Transformation) to support farmer-led demonstrations of technology on farm.

The Government will establish an engineering biology regulatory sandbox (Round 2) to support innovation in synthetic biology and bio-manufacturing.

Set up a Centre for Finance, Innovation and Technology (CFIT) Coalition

Develop a Smart Data programme for PBS — starting with the property sector

Invest up to £12m in the UK Data Sharing Infrastructure Initiatives from April 2026

PBS access to the EU — improve support services for regulators, professional bodies and professionals on short-term business mobility and recognition of professional qualifications

Launch a 'Going for Growth' promotional campaign targeted at high-growth potential PBS SMEs

Establishing UK regional PBS Hubs in key regions and nations

Work with OFI key overseas Posts to attract inward investment into PBS strategic priorities

Legislation to reform Audit and Corporate Governance

Facilitate work to ensure regulation is proportionate and fit for purpose in Accountancy, Audit and Tax sector

Enhance the skills and capabilities of audit firms through the FRC

Unequivocal support for the rule of law — promote internationally through strategic engagement and capacity building

Better access to public data sets for management consultants, working with PBSC to identify sector priorities

The Government will continue to invest at scale in discovery science

Significantly expand commercial clinical trials capacity via funding from the Voluntary Scheme for Branded Medicines Pricing, Access and Growth (VPAG) Investment Programme

Establish the national Health Data Research Service (HDRS) and develop UK-wide collaboration

Use a combination of policy and legislative change to speed up access to health data for research and secondary purposes, streamlining governance processes

Shift government investment in health R&D with a focus on primary and secondary prevention and Multiple Long-Term Conditions (MLTCs)

Build a training and skills system that delivers a diverse and highly skilled Life Sciences workforce

Maximise the use of existing programmes and deliver specific new programmes to improve sector-specific skills in identified high priority areas

Promote UK strengths to exceptional international Life Sciences talent through the Government's Global Talent Taskforce initiatives and ensure the visa system enables movement of world-class talent

Streamline market entry and ensure patients receive the most effective care, by ensuring NICE processes are timely, agile and transparent

Streamline market entry through enhanced coordination between the MHRA and NICE

Support the UK maritime and rail sectors through funding focused on clean maritime solutions in line with the Maritime Decarbonisation Strategy

Partner with industry to invest in skills development for Advanced Manufacturing to keep pace with innovation

Provide additional funding to Formula Student AI to support university students developing technical skills for automated driving systems

Build a tool to map inward HMG investment into high growth city regions and clusters to support onward supply chains

Deliver a transformational new Office for Defence Export with a bespoke Government-to-Government export framework to boost defence exports and strategic benefit

Streamline and optimise the Defence science, innovation and technology ecosystem to reflect ambition for the sector

Ensure flexible capacity is maintained in key defence production lines to allow the industry to adapt at pace and surge when required

Deliver the plan for Barrow and align civil and defence nuclear activities and capabilities; remove barriers to productivity across the Defence sector

Drive greater Advanced Connectivity Technologies (ACT) development in the UK through a 4-year targeted research programme and strengthen lab infrastructure for ACT firms to grow

Strengthen the UK's position as a global hub for AI R&D and maximise the UK's stake in frontier AI, including delivering an AI and copyright framework

Support commercialisation of cyber research, provide mentoring skills and networking to start-ups, grow domestic technology talent and create high-quality jobs

Launch £350m Critical Chemicals Resilience Fund to support resilience of UK critical chemical supply chains; establish Supply Chain Centre and Global Supply Chains Intelligence Programme

Provide £120m support for Grangemouth ethylene plant (Scotland) and Ensus plant restart (Teesside) to safeguard critical chemical and CO2 supply chains

Deploy £50m Critical Minerals Programme and sign UK-US critical minerals partnership to secure supply chain for IS-8 sectors

Deliver £2.5bn UK Fusion Strategy and STEP spherical tokamak reactor at West Burton (Nottinghamshire) by 2040; construction contracts awarded to Laing O'Rourke (£200m) and Balfour Beatty (£70m)

Launch £1bn 'Energy, Engineered in the UK' Great British Energy supply chain programme; deploy £86.5m to ITM Power for hydrogen electrolysers in Sheffield

Establish £400m ringfenced annual budget for UK Defence Innovation (UKDI); launch £20m Defence Unicorn Fund; award 13 SME innovation contracts up to £4m each

Deploy £15bn Warm Homes Plan to upgrade household energy efficiency — insulation, heat pumps, and low-carbon heating for fuel-poor and private rented sector households

Launch Advance Tax Certainty Scheme providing binding pre-investment tax rulings for major investment projects; confirm Corporate Tax Roadmap

Exempt new listed companies from Stamp Duty Reserve Tax for 3 years via UK Listings Relief to improve London market competitiveness

Introduce Commercial Payments Bill imposing 60-day cap on payment terms to small suppliers — described as strongest reform in 25 years

Launch Scale-up Concierge Service and Business Growth Service (business.gov.uk) to provide dedicated government support for high-growth SMEs; 750,000+ users in Year One

Establish National Data Library as public data infrastructure to improve access to government datasets for research, innovation and business

Secure £10bn UK-Norway frigate deal: 5 Type 26 frigates to be built on the Clyde for Norway's Royal Navy; 2,000+ direct jobs confirmed

Launch £500m Sovereign AI Fund (April 2026) to build UK-owned AI compute infrastructure; Edinburgh supercomputer tender (£750m); Cambridge supercomputer (£36m, 6x more powerful)

Deliver £1.1bn AI Hardware Plan to expand UK AI compute capacity, including data centre infrastructure and AI chip manufacturing support

Sign three major trade deals in Year One: India FTA (GDP +£4.8bn, in force 15 July 2026), GCC FTA (GDP +£3.7bn), UK-US Economic Prosperity Deal; 133 trade barriers resolved (£13bn additional exports)

Raise public investment in R&D and innovation targeting IS-8 sectors from £20.4bn in 2025/26 to £22.6bn/year by 2029/30

Direct over £9bn via new UKRI 4-year funding allocations to IS-8 frontier technologies and industries

Deploy £4bn British Business Bank Industrial Strategy Growth Capital for IS-8 scale-ups and start-ups

Deliver Post-16 Education and Skills White Paper IS-targeted skills package worth over £1bn

Provide over £1.5bn for Youth Guarantee and Growth and Skills Levy supporting young people into work

Pass Planning and Infrastructure Act to fast-track planning decisions for critical infrastructure sites

Establish technical excellence colleges across England for IS priority skills — 19 announced at IS launch (2025), 29 confirmed one year on

Put Industrial Strategy Advisory Council on statutory footing, making it permanent and independent

Deploy £500m Local Innovation Partnerships Fund across 10+ confirmed places supporting local R&D

Allocate £500m Mayoral Revolving Growth Fund for regional economic growth across mayoral areas

Issue Advance Market Commitment of up to £100m for novel AI inference chips, followed by clean concrete

Establish National Wealth Fund with £27.8bn total capital, at least £5.8bn for green/industrial sectors

Launch British Industrial Competitiveness Scheme from 2027, reducing electricity costs by ~£35-40/MWh to 2030

Uplift Network Charging Compensation scheme from 60% to 90% discount for energy-intensive industries from April 2026

Publish Critical Imports and Supply Chains Strategy covering 13 CNI sectors and 5 IS-8 growth sectors

Expand High Potential Individual visa to cover graduates of top 100 global universities

Simplify and expand Global Talent visa routes for science, technology and finance professionals

Publish new UK Trade Strategy setting direction for international goods and services trade

Achieve over £79bn investment commitments made into IS-8 sectors by end of Parliament

Achieve 50,000+ jobs created from investment commitments into IS-8 sectors

Deliver £1.5bn annual reduction in business administrative burden through regulatory reform

Deploy £500m Oxford-Cambridge Growth Corridor investment package for tech and innovation

Deploy UK Export Finance with up to £13bn direct lending and target £10bn clean growth finance 2024-2029

Establish Sterling 20 partnership between pension funds, insurers and UK infrastructure projects

Enact Employment Rights Act to balance worker protections and business flexibility

Near doubling of business investment in Advanced Manufacturing to £39 billion per year by 2035

Commit £4.5bn in funding for Advanced Manufacturing including up to £2.8bn in R&D over 5 years to 2030

£380m grant to Agratas unlocking £5bn private investment for Somerset gigafactory

DRIVE35 Supplier Readiness Scheme: up to £100m for EV supply chain transition in West Midlands and North East

Made Smarter programme: £116m to support 5,500+ SMEs adopting digital manufacturing tools

Publish Circular Economy Strategy for England in 2025, with clean energy industries roadmap by 2026

Reduce planning barriers for critical manufacturing infrastructure via Planning and Infrastructure Act

Commit over £2bn for automotive sector via Auto2030 programme including EV transition to 2030

Commit £975m for aerospace sector to support zero-carbon aircraft development and supply chain to 2031

Commit up to £150m for Connected and Automated Mobility (CAM2030) through 2030 for self-driving deployments

Fund £960m Green Industries Growth Accelerator for CCUS, hydrogen, offshore wind, networks and nuclear manufacturing

Commit £520m for life sciences manufacturing to build resilience and support health emergency preparedness over 5 years

Expand DRIVE35 programme to £4bn total investment through 2035 supporting full EV industry transition

Support Nissan £450m investment in Sunderland Leaf production continuity, securing 6,000 jobs

Publish UK Battery Strategy setting out 10-year vision for battery manufacturing sector

Expand Made Smarter Adoption programme to all English regions from 2025-26, then devolved administrations from 2026-27

Develop and publish Space Sector Plan setting out 10-year government interventions for UK space sector

Invest £185m in Industrial Energy Transformation Fund for industrial site energy efficiency and decarbonisation from 2025

South Yorkshire Investment Zone: deliver 8,000 new jobs and £1.2bn investment in advanced manufacturing by 2030

Pilot a Manufacturing Observatory with Institute for Manufacturing to improve supply chain data and analysis

Launch new R&D support scheme for aerospace SMEs with up to £10m available per year via ATI Programme

Launch CAM Centre of Excellence for UK Connected and Automated Mobility coordination and commercialisation

Establish Large Structures Innovation Centre for offshore wind turbine and marine sector manufacturing

Publish Hydrogen Production Roadmap to 2035 setting out vision for low-carbon hydrogen production

Develop dedicated agri-tech sector commitments within AM Sector Plan covering food and farming technology

Simplify and reform government process for automotive capital grants to be more business-friendly

Invest £250m in two successful LIFTS bidders generating over £1bn investment from pension funds into UK science and tech

Publish a Manufacturing Skills Forum establishing National Manufacturing Skills Task Force for workforce planning

Government to sponsor an Equality Charter for the advanced manufacturing sector, delivered via a Make UK-led Equality Taskforce, underpinning a '35 by 35' target to raise female representation in the manufacturing workforce to 35% by 2035

Target at least doubling investment across Clean Energy Industries to over £30bn per year by 2035

Invest more than £8.3bn over this Parliament in homegrown clean power via Great British Energy

Launch £1bn Clean Energy Supply Chain Fund via Great British Energy to support domestic manufacturers

Deploy National Wealth Fund with at least £5.8bn over Parliament targeting CCUS, hydrogen, gigafactories, ports, green steel

Announce £300m for offshore wind via Great British Energy Supply Chain Fund

Deploy 43-50 GW of offshore wind by 2030, with at least 12 GW securing a CfD across AR7-AR9

Bring up to 20-30 GW of new offshore wind seabed rights to market by 2030 (for projects built by 2040)

Deploy 27-29 GW of onshore wind in Great Britain by 2030

Invest £300m in High Assay Low Enriched Uranium (HALEU) fuel programme for advanced reactors

Commit £14.2bn for Sizewell C nuclear power station, supporting 10,000 construction jobs and 1,500 apprenticeships

Invest over £2.5bn for Small Modular Reactor (SMR) programme across Spending Review period; select Wylfa for first site

Designate new National Policy Statement EN-7 for new nuclear energy generation to streamline planning

Establish independent Nuclear Regulatory Taskforce for civil and defence nuclear; final report autumn 2025

Publish Strategic Spatial Energy Plan (SSEP) expected late 2026 to set long-term clean energy geography

Publish full Clean Energy Workforce Strategy in summer 2025 via Office for Clean Energy Jobs

Invest over £100m over 3 years to support engineering skills for the clean energy sector in England

Invest up to £12m in UK Data Sharing Infrastructure for clean energy data from April 2026

Invest £625m in skills to train thousands of new construction workers for clean energy projects

Award £55m to Port of Cromarty Firth to develop floating offshore wind infrastructure

Make up to £80m available for Future Port Talbot project to support floating offshore wind manufacturing

Fund £500m multi-year R&D Missions Accelerator Programme, leveraging £1.5bn private and third-sector investment

Invest £86m in transformative clean energy R&D through UKRI

Launch expanded Office for Investment to attract and facilitate clean energy foreign direct investment

Launch Connections Accelerator Service to help businesses access electricity grid connections; operational end 2025

Publish Onshore Wind Strategy with over 40 actions to accelerate deployment

Set industry-led UK local content goal covering whole lifecycle of onshore wind projects by end 2025

Reform Contracts for Difference (CfD) scheme: relax eligibility, evolve offshore wind budgets, provide auction schedule

Introduce new CfD supply chain metrics by end 2025 to assess health and success of the supply chain

Publish 2025 Critical Minerals Strategy to secure supply chains for clean energy technologies

Develop Circular Economy Roadmap for Clean Energy Industries, to be published in 2026

Work towards linking UK Emissions Trading Scheme with EU ETS to align carbon pricing

Develop Electricity Networks Industry Growth Plan in collaboration with sector during 2025

Launch Regional Skills Pilots in Aberdeen, Cheshire, Lincolnshire and Pembrokeshire for clean energy workforce

Fund up to £20m over 7 years through UKRI Sustainable Industrial Futures programme

Deploy an estimated £10bn/year in largely private investment into electricity transmission networks

Award Celtic Sea floating wind rights for 4.5 GW site through Crown Estate

Conduct onshore wind supply chain capability analysis with RenewableUK to identify gaps and opportunities

Make UK one of top 3 places in the world to create, invest in and scale a fast-growing technology business by 2035

Secure UK's first trillion-dollar technology business

Direct nearly £4bn from UKRI to Digital and Technologies sector over the Spending Review period

Invest £670m in quantum computing including 10-year funding settlement for National Quantum Computing Centre

Secure 15% of global quantum technology market by 2033

Invest £196m in National Engineering Biology Programme and £184m in scale-up infrastructure (£380m total)

Invest £240m in Advanced Connectivity Technologies (ACT) 4-year research programme

Invest £130m to strengthen UK telecoms lab and testbed infrastructure for 5G/6G development

Commit over £2bn to expand compute, data and skills for artificial intelligence

Invest £1bn to expand AI Research Resource providing compute infrastructure for researchers

Invest up to £750m for new national AI supercomputer in Edinburgh

Upskill 7.5 million people in AI skills by 2030

Establish UK Semiconductor Centre as single point of contact for semiconductor industry investment and policy

Invest £25m in two additional semiconductor Innovation and Knowledge Centres

Fund £35m Semiconductor Talent Expansion Programme (courses and bursaries) to grow the UK chip workforce

Commit £60m National Wealth Fund stake in Pragmatic Semiconductor to scale UK chip manufacturing

Invest £21m to promote secure-by-design hardware based on CHERI architecture across UK tech sector

Support National Cyber Innovation Centre in Cheltenham expected to catalyse £1bn in private cyber investment

Fund £10m Cyber ASAP programme supporting 25 academic cyber security research teams annually

Support Belfast Cyber AI Hub to deliver 28 academic spinouts by 2030

Extend Cyber Runway accelerator programme supporting 60 tech startups annually

Launch AI Growth Zones in North and South Wales with potential to unlock £124bn private investment

Expand compute access for AI researchers backed by up to £250m to increase UK AI Research Resource

Launch AI Growth Lab sandbox for testing AI in regulated products and services

Designate Lanarkshire AI Growth Zone targeting 3,400+ technology jobs

Commit £370m total for advanced connectivity including ACT programme and UK Telecoms Lab strengthening

Expand Ellison Institute R&D facility in Oxford by £10bn over a decade, supporting 7,000 jobs

Invest £54m in Global Talent Taskforce to attract leading international scientists and technology experts to the UK

Deploy up to £330m National Security Strategic Investment Fund to strengthen defence-adjacent technology R&D

Implement all 50 recommendations of the AI Opportunities Action Plan to accelerate UK AI adoption and growth

Publish Compute Roadmap setting out long-term vision for UK AI and digital compute infrastructure

Publish Cyber Growth Action Plan to advance UK cybersecurity sector employment and export growth

Designate AI Growth Zone in North East England with potential to create 5,000+ technology jobs

Launch AI Pathfinder Programme in Northamptonshire with £150m initial public investment as part of £18bn 5-year national AI infrastructure deployment

Make UK the leading Life Sciences economy in Europe by 2030

Provide over £2bn government funding for Life Sciences sector over the Spending Review lifetime (alongside UKRI and NIHR)

Invest up to £600m in Health Data Research Service (HDRS) alongside Wellcome Trust as world-class health data infrastructure

Provide up to £520m in grants via Life Sciences Innovative Manufacturing Fund (LSIMF) over 5 years to 2030

Invest up to £354m in Our Future Health expansion; target 5 million consented participants by 2030

Invest up to £20m in UK Biobank for proteomic analyses of all 500,000 participants by 2030

Provide over £650m to Genomics England; target 500,000+ genomes hosted and 150,000 adults sequenced by 2030

Invest at least £30m to establish 3 integrated translational research networks bridging lab to clinic

Provide additional £4bn Industrial Strategy Growth Capital via British Business Bank for life sciences scale-ups

Cut clinical trial set-up delays to fewer than 150 days by March 2026

Deliver MHRA digital transformation from 2026 enabling faster and more predictable regulatory decisions

Introduce pre-market statutory instrument including International Reliance Framework to Parliament by Autumn 2026

Publish MHRA framework for AI in medicines and devices regulation in 2026

Introduce Single National Formulary to remove bureaucratic delays to patient access for medicines

Expand NICE technology appraisal process to cover devices, diagnostics and digital products from April 2026

Introduce NHS Innovator Passport for MedTech by 2026 to accelerate adoption of proven innovations

Update NIHR governance model to require dual mandate for both health improvement and economic growth

Introduce NIHR R&D Innovation Catalyst to substantially enhance support for BioTech and MedTech SMEs

Support creation of a single comprehensive UK database for all clinical trials

Create OSCHR-led UK-wide research portfolio database and management tool for coordinating public health R&D

Publish strategy by end 2025 to support development and uptake of alternative models to animal testing

Land at least one major international life sciences strategic partnership per year over Spending Review period

Establish dedicated service to support 10-20 high-potential UK life sciences companies to scale and remain domiciled in UK

Build, test and iterate NHS HealthStore enabling access to approved health apps for patients

Establish Regional Health Innovation Zones (initially 2-3 regions) for large-scale innovation development and adoption

Strengthen and expand Innovation Scorecard for medicines and MedTech to cover more products and metrics

Double UK commercial clinical trial participants to 50,000 annually via Our Future Health by 2030

Become top 3 fastest place in Europe for patient access to new medicines by 2030

Increase UK defence spending to 2.6% of GDP by 2027 as the foundation for industrial strategy delivery

Set ambition to reach 3% of GDP on defence spending in the next Parliament

Deploy £250m Defence Growth Deals Fund across five regions over five years, boosting local economies

Invest £182m to establish five Defence Technical Excellence Colleges across UK, applications by end 2025

Invest £80m in world-leading universities for defence research facilities and course expansion

Fund £50m for approximately 2,400 new student university places for defence-related subjects over six years

Create Plymouth £4bn 10-year investment programme for naval base and marine autonomy innovation

Create up to 50,000 additional defence sector jobs by 2034/35 through increased defence spending

Appoint National Armaments Director to centralise and professionalise defence procurement

Establish Defence Industrial Joint Council (DIJC) replacing Defence Suppliers Forum to deepen industry partnership

Double Defence Nuclear Enterprise intake of new entrants through apprenticeships and graduate programmes

Quadruple number of specialist science and nuclear fission PhD programmes in Defence Nuclear Enterprise

Launch apprenticeship and graduate clearing-style system for defence sector careers in 2026

Scope and develop Defence Skills Passport enabling mid-career and veteran transitions into defence sector

Launch regional STEM engagement programme promoting defence careers to over 800,000 school pupils

Sign £1bn+ Leonardo helicopter contract supporting 3,300 UK jobs in defence manufacturing

Commit £500m+ RAF Typhoon upgrade package supporting 1,500 UK aerospace and defence jobs

Secure five initial Defence Growth Deals across England, Scotland, Wales and Northern Ireland

Publish Defence Industrial Strategy 2025 setting out 10-year vision for UK defence industry to 2035

Identify munitions factory sites across UK and create up to 1,000 manufacturing jobs

Invest £220m to transform Defence test, evaluation and experimental capability and deliver Tech Scaler programme

Invest £65m to boost smaller defence businesses and exporters through new MOD defence export support offices

Secure £10bn Norway export contract for five Type-26 frigates built by BAE Systems, supporting 4,000 UK shipbuilding jobs

Attract Palantir European HQ to UK, anchoring £1.5bn Defence AI innovation investment and creating 350 high-skilled jobs

Secure £1.6bn Thales Belfast contract to manufacture 5,000 air defence missiles for Ukraine, creating 200 UK jobs

Publish Defence Investment Plan setting out MOD procurement, innovation and capability investment choices for the next decade to 2035

Contract MBDA to deliver DragonFire directed-energy laser weapon for Royal Navy at £316m, with deliveries from 2027, supporting 600 jobs

Allocate £555m UKRI defence R&D funding over the Spending Review (£391m strategic priorities; £164m innovative companies)

Facilitate £8bn Turkey Eurofighter Typhoon export contract, supporting 20,000 UK aerospace jobs across multiple manufacturing sites

Launch Back British defence procurement consultation to embed UK supplier and skills requirements in MOD contracts

Launch Destination Defence national campaign promoting defence sector careers to UK workforce and school leavers

Establish a Defence Office for Small Business Growth as a dedicated MOD contact point for SMEs, supporting procurement access, supply-chain experience, market engagement, export advice and a confidential concerns channel, as part of the commitment to increase MOD spend with SMEs by £2.5bn by 2028

Nearly double business investment in Creative Industries from £17bn to £31bn by 2035

Invest £380m in targeted Creative Industries funding across innovation, R&D, skills and regional growth

Establish £150m Creative Places Growth Fund for six English regions over three years

Allocate £50m for additional Creative Industries Clusters doubling UKRI investment to £100m total

Fund £25m for five UKRI CoSTAR R&D innovation labs and two showcase spaces for creative technology

Invest £10m in National Film and Television School to train 2,000 new trainees and apprentices over a decade

Provide £9m for new creative careers service raising awareness and creating pathways for young people

Allocate £75m Screen Growth Package including enlarged UK Global Screen Fund and scaled BFI Film Academy

Commit up to £30m Music Growth Package for touring, performance, mentoring, export and grassroots venues

Commit £30m Video Games Growth Package via UK Games Fund expansion and London Games Festival support

Establish Creative Content Exchange as marketplace to sell, buy and license digitised cultural and creative assets

Allocate £369m UKRI funding for Creative Industries R&D over the Spending Review period

Deliver 2,000 new film and TV apprenticeships over the Spending Review period

Grant Special Development Order permitting £6.2bn Universal Studios Bedfordshire development supporting 20,000 jobs

Enable planning approval for £750m Marlow Film Studios development supporting 4,000 jobs

Publish AI and Copyright framework report to protect and support creative sector IP in the age of AI

Generate economic growth and jobs across six English regions outside London over three years via creative investment

Establish Creative Sector Skills Forum to build industry-led training pathways for current and future creative workers

Roll out new Creative Higher Technical Qualifications aligned to creative sector workforce needs

Develop and publish industry-agreed fair remuneration principles for creators and music sector workers

Restructure Creative Industries Council (CIC) with new co-chairs and four strategic working groups covering Innovation, Finance, Workforce and Trade

Launch Discover! Creative Careers campaign targeting 100,000+ students aged 11-18 across six IS regions by March 2026

Fund £25m Createch Futures programme supporting creative technology innovation from the 2025 Spending Review

Open Creative Clusters Round Two with £27m allocation (up to £7m per project) for regional creative economy development

Facilitate £45m British Business Bank cornerstone investment into Redrice Ventures creative sector seed-stage fund

Launch single front door finance access service in 2026 guiding creative businesses to government grants, loans and investment

Maintain and grow UK as world's largest net exporter of financial services

Deliver significant reform of Financial Ombudsman Service, ending its quasi-regulator role and setting shorter deadlines

Set new shorter FCA application deadlines for new firms and senior managers to enter UK market

Shorten PRA application deadlines for new banks and senior managers to improve UK market entry

Review Consumer Duty scope to provide more certainty and reduce compliance burden for wholesale market firms

Review and reform ring-fencing regime to support banking sector growth while maintaining stability

Implement Basel 3.1 with transitional measures to maintain UK bank competitiveness in capital requirements

Establish Office for Investment: Financial Services to assist international firms investing in UK FS

Announce implementation of Overseas Recognition Regimes for aligned foreign financial regulators

Deepen UK-EU financial services relationship, including via the Berne Financial Services Agreement with Switzerland

Launch FCA and PRA Scale-Up Unit to enhance engagement and support for fast-growing financial firms

Accelerate Open Finance and Smart Data initiatives to improve SME access to finance and services

Appoint AI Champions for financial services to drive AI adoption across banking, asset management and capital markets

Enable Long Term Asset Funds (LTAFs) to be held in Stocks and Shares ISAs to channel retail investment

Reform the financial advice and guidance landscape to address risk aversion and promote retail investment

Implement Wholesale Financial Markets Digital Strategy including blockchain and AI adoption in capital markets

Modernise shareholder frameworks by removing paper share certificates and updating voting processes

Issue first Chancellor remit letter to Financial Market Infrastructure Committee setting strategic direction

Support Financial Services Skills Commission to develop sector skills compact covering AI and emerging skills

Commission report on AI skills needed to drive UK financial services growth and productivity

Invest via British Business Bank Cluster Champions programme to support fintech clusters in Leeds, Manchester and Edinburgh

Deploy £500m Mayoral Recyclable Growth Fund for financial services and regional economic growth

Approve PISCES private securities exchange operators to create new UK private capital markets venue

Make UK world's most technologically advanced global financial centre

Establish Centre for Finance, Innovation and Technology (CFIT) coalition to drive financial sector innovation

Make UK the world's most trusted adviser to global industry and second-largest PBS exporter by 2035

Invest over £150m in five transformative AI and technology programmes for legal, consulting and accountancy sectors

Launch PBS-adapted Made Smarter digital adoption programme to help PBS firms adopt AI and digital tools

Enhance Innovate UK Next Generation Professional Services programme for PBS firms and start-ups

Establish five PBS centres of excellence across city regions from Birmingham to Glasgow offering firms AI advice

Create new national AI skills hub for Professional and Business Services sector

Launch marketing campaign for UK PBS sector through GREAT+ programme to attract global clients and talent

Expand regulator support for mutual recognition of professional qualifications agreements with EU, US and key markets

Establish Trade Digitalisation Task Force to advise PBS firms and clients on digital trade documents and processes

Provide UK Export Finance guarantees for PBS firms securing early-stage overseas project contracts for first time

Appoint PBS AI Champion by summer 2025 to lead AI adoption across the professional services sector

Launch English Law Promotion Panel to promote UK legal services and English law globally

Extend UK-Switzerland Services Mobility Agreement to 2029 to support PBS firms operating between countries

Launch LawtechUK programme to support legal technology sector growth and innovation

Launch research programme tackling PBS innovation barriers, starting with real estate sub-sector

Target 500,000 additional jobs and £322bn GVA growth (113% increase) in Professional and Business Services sector by 2035

Allocate £118m UKRI R&D investment for Professional and Business Services sector over the Spending Review period

Implement Solvency II reform enabling UK insurance firms to invest more in productive assets by reducing risk margin requirements

Introduce UK Sustainability Reporting Standards aligned to IFRS S1/S2 as mandatory climate disclosure for large UK companies, replacing proposed UK Green Taxonomy

Implement simplified UK prospectus and public offers regime under FSMA 2023 to reduce listing compliance burden

Reform SMCR to reduce pre-approval requirements and administrative burden for UK financial firms while maintaining systemic accountability

Publish National Payments Strategy setting out 10-year vision for UK payments regulation and infrastructure

Drive DC pension consolidation and reform default investment to channel assets into UK productive finance through Pensions Review and legislation

Establish UK Video Games Council as formal industry-government body for video games sector plan delivery, skills, regulation and international promotion

Publish Creative Industries Export and Soft Power Strategy to double UK creative industry exports from 109bn by 2035 working with DBT and DCMS

Introduce 40% business rates relief for qualifying film and television studio spaces in England to support UK studio infrastructure and inward investment

Establish Professional and Business Services Council (PBSC) as formal sector governance body for PBS sector plan delivery and Skills England coordination

Confirm continuation of government funding for Level 7 apprenticeships from January 2026 maintaining PBS sector access to management and professional qualifications

Support establishment of PropTech digitisation coalition connecting UK real estate sector with technology providers to modernise property services

Negotiate mutual recognition of professional qualifications with India covering accountancy, legal services and engineering, building on UK-India Enhanced Trade Partnership

Publish annual Industrial Strategy Progress Report covering all sector plan commitment delivery, IS-8 business investment trends, and IS impact on structural investment gap

Mandate ISAC to publish independent annual competitiveness assessment across IS-8 sectors to inform spending review and IS course-correction decisions

Align Investment Zone programme with IS-8 sector priorities through revised criteria and reporting to ensure Investment Zones serve IS growth objectives in designated regions

This Government will ensure a UK offsets regime is launched in the first half of 2026 to boost UK investment and growth, subject to a public consultation on the regime’s design.

MOD will deliver the plan for Barrow to support the long-term delivery of the nuclear deterrent through strategic investment in submarine construction infrastructure and workforce at the Barrow-in-Furness complex.

This Government will pursue a Security and Defence Partnership with the EU, setting the ambition for closer cooperation and joint investment in the shared defence industrial base.

MOD will strengthen and expand industrial partnerships with Ukraine, including through the Defence Material Cooperation Framework Arrangement, sharing battlefield technology, boosting Ukraine drone production, and creating long-term industrial partnerships to design and build at scale.

MOD will ensure the Triple-lock on the nuclear deterrent is guaranteed — maintaining strategic investment in capabilities and programmes to ensure the Defence Nuclear Enterprise continues to realise significant benefits for the wider UK economy.

MOD will deliver defence contracting reform to create a more competitive, productive and efficient defence sector.

MOD will establish UK Defence Innovation (UKDI) to transform defence’s innovation ecosystem — driving pace and agility of defence innovation, improving industry access to innovation funding, establishing and maintaining a clear defence innovation portfolio, and enabling better pull-through of cutting-edge ideas into capabilities and commercial products.

The Government will publish a new Steel Strategy setting out measures to build resilience and support the domestic steel industry.

The Government will launch a new Supply Chain Centre to inform government policy, develop metrics to monitor how programmes deliver against resilience objectives, and map supply chain data across advanced manufacturing sectors.

The Government will launch a new Robotics and Automation programme creating a network of Robotics Adoption Hubs to accelerate industry uptake of robotics and automation in manufacturing.

The Government will develop and publish an Automotive Technology Strategy in 2026 to shape the focus of ambitious investment programmes, underpin developing industrial policy, and provide long-term clarity on UK technology priorities for the automotive sector.

The Government will implement the world-leading Automated Vehicles Act by 2027 to pave the way for self-driving vehicles to be used safely and securely on British roads.

The Government launched the Sustainable Aviation Fuel (SAF) Mandate on 1 January 2025, setting targets for increasing SAF in UK aviation fuel mix, supported by the Advanced Fuels Fund (grants for advanced fuels development) and the Revenue Certainty Mechanism (unlocking investment in UK SAF plants).

The Government will deliver the Future of Flight programme to support the development of safe, secure, and sustainable advanced air mobility, including drones and eVTOL (electric vertical take-off and landing) aircraft.

The Government will deliver the Private Investment Framework for Space to attract private capital into the UK space sector, alongside supporting companies from start-up to scale-up through grants, procurement, and co-investment.

The Government will launch a new National Materials Innovation Programme (NMIP) targeting high-growth application-focused opportunity areas in advanced materials, creating networks of key stakeholders and pilot projects, and targeting investment in Materials 4.0 and Testing & Verification.

The Government will establish the Agri-Tech Export Accelerator programme to support the agri-tech sector to seize global commercial opportunities and grow exports.

The Government is investing in the Battery Innovation Programme (formerly Faraday Battery Challenge) to encourage innovation in emerging battery technologies for advanced manufacturing.

The Government is expanding the Made Smarter Innovation programme to drive manufacturing technology R&D and innovation (distinct from Made Smarter Adoption, which supports SMEs in adopting existing digital tools).

The Government will update the regulatory framework for corporate reporting, transitioning the Financial Reporting Council (FRC) into a revamped regulator with extended scrutiny of large unlisted businesses' audits, measures to oversee the audit market, and protection against conflicts of interest at audit firms.

HM Treasury will bring forward a package of changes to the Money Laundering Regulations (MLRs) by the end of 2025 to deliver a clearer and more proportionate anti-money-laundering regulatory framework for PBS firms.

The Government will implement the Arbitration Act (modernising arbitration law), continue taking the Digital Assets Bill through Parliament, and promote English and Welsh law internationally through strategic international engagement and capacity-building projects.

The Government will establish UK regional PBS Hubs in partnership with Mayoral Strategic Authorities and the Scottish Government to support PBS sector business forums, 'Going for Growth' roadshows, and regional economic development.

DSIT will boost the UK's chip design capability through a new Chip Design Enablement Programme, increasing domestic capacity and competitiveness in semiconductor chip design.

DSIT will develop a quantum skills action plan with the sector to address skills gaps and talent pipeline needs for quantum technologies.

The Government will empower the Health Innovation Network (HIN) to drive innovation and investment at scale, strengthening support to deliver at least £400 million of investment leveraged annually, at least 1,000 jobs safeguarded or created, and at least one million patients benefitting per year from national HIN programmes.

The Government will place a Growth Mandate on NHS commercial activity including NHS Supply Chain and within the Medicines Procurement and Supply Chain Frameworks, using Value Based Procurement methodology to drive procurement towards the most clinically and cost-effective products.

The Government will deliver the ambitions of the Healthcare Goals programme across five clinical priority areas (Addiction, Cancer, Dementia, Mental Health, and Obesity) with continued significant government funding, measured against quantifiable and timebound KPIs.

The Government will continue to implement the NHS Net Zero Roadmap, monitoring progress towards net zero ambitions through an agreed standard covering the life sciences sector and the health system, with industry co-partnership.

MOD will implement a central digital platform for defence suppliers to simplify procurement processes under the Procurement Act.

The Government will deliver a £625 million construction skills programme to boost the domestic construction workforce.

Establish a Defence Materials Centre of Excellence in Manchester to support advanced materials R&D for defence applications.

The Government will develop a Future Workforce in Space programme via Skills England to address skills needs in the space sub-sector.

The Government will deliver the ADOPT fund (Agri-tech Demonstrators of Productivity and Transformation) to support farmer-led demonstrations of technology on farm.

The Government will establish an engineering biology regulatory sandbox (Round 2) to support innovation in synthetic biology and bio-manufacturing.

Set up a Centre for Finance, Innovation and Technology (CFIT) Coalition

Develop a Smart Data programme for PBS — starting with the property sector

Invest up to £12m in the UK Data Sharing Infrastructure Initiatives from April 2026

PBS access to the EU — improve support services for regulators, professional bodies and professionals on short-term business mobility and recognition of professional qualifications

Launch a 'Going for Growth' promotional campaign targeted at high-growth potential PBS SMEs

Establishing UK regional PBS Hubs in key regions and nations

Work with OFI key overseas Posts to attract inward investment into PBS strategic priorities

Legislation to reform Audit and Corporate Governance

Facilitate work to ensure regulation is proportionate and fit for purpose in Accountancy, Audit and Tax sector

Enhance the skills and capabilities of audit firms through the FRC

Unequivocal support for the rule of law — promote internationally through strategic engagement and capacity building

Better access to public data sets for management consultants, working with PBSC to identify sector priorities

The Government will continue to invest at scale in discovery science

Significantly expand commercial clinical trials capacity via funding from the Voluntary Scheme for Branded Medicines Pricing, Access and Growth (VPAG) Investment Programme

Establish the national Health Data Research Service (HDRS) and develop UK-wide collaboration

Use a combination of policy and legislative change to speed up access to health data for research and secondary purposes, streamlining governance processes

Shift government investment in health R&D with a focus on primary and secondary prevention and Multiple Long-Term Conditions (MLTCs)

Build a training and skills system that delivers a diverse and highly skilled Life Sciences workforce

Maximise the use of existing programmes and deliver specific new programmes to improve sector-specific skills in identified high priority areas

Promote UK strengths to exceptional international Life Sciences talent through the Government's Global Talent Taskforce initiatives and ensure the visa system enables movement of world-class talent

Streamline market entry and ensure patients receive the most effective care, by ensuring NICE processes are timely, agile and transparent

Streamline market entry through enhanced coordination between the MHRA and NICE

Support the UK maritime and rail sectors through funding focused on clean maritime solutions in line with the Maritime Decarbonisation Strategy

Partner with industry to invest in skills development for Advanced Manufacturing to keep pace with innovation

Provide additional funding to Formula Student AI to support university students developing technical skills for automated driving systems

Build a tool to map inward HMG investment into high growth city regions and clusters to support onward supply chains

Deliver a transformational new Office for Defence Export with a bespoke Government-to-Government export framework to boost defence exports and strategic benefit

Streamline and optimise the Defence science, innovation and technology ecosystem to reflect ambition for the sector

Ensure flexible capacity is maintained in key defence production lines to allow the industry to adapt at pace and surge when required

Deliver the plan for Barrow and align civil and defence nuclear activities and capabilities; remove barriers to productivity across the Defence sector

Drive greater Advanced Connectivity Technologies (ACT) development in the UK through a 4-year targeted research programme and strengthen lab infrastructure for ACT firms to grow

Strengthen the UK's position as a global hub for AI R&D and maximise the UK's stake in frontier AI, including delivering an AI and copyright framework

Support commercialisation of cyber research, provide mentoring skills and networking to start-ups, grow domestic technology talent and create high-quality jobs

Launch £350m Critical Chemicals Resilience Fund to support resilience of UK critical chemical supply chains; establish Supply Chain Centre and Global Supply Chains Intelligence Programme

Provide £120m support for Grangemouth ethylene plant (Scotland) and Ensus plant restart (Teesside) to safeguard critical chemical and CO2 supply chains

Deploy £50m Critical Minerals Programme and sign UK-US critical minerals partnership to secure supply chain for IS-8 sectors

Deliver £2.5bn UK Fusion Strategy and STEP spherical tokamak reactor at West Burton (Nottinghamshire) by 2040; construction contracts awarded to Laing O'Rourke (£200m) and Balfour Beatty (£70m)

Launch £1bn 'Energy, Engineered in the UK' Great British Energy supply chain programme; deploy £86.5m to ITM Power for hydrogen electrolysers in Sheffield

Establish £400m ringfenced annual budget for UK Defence Innovation (UKDI); launch £20m Defence Unicorn Fund; award 13 SME innovation contracts up to £4m each

Deploy £15bn Warm Homes Plan to upgrade household energy efficiency — insulation, heat pumps, and low-carbon heating for fuel-poor and private rented sector households

Launch Advance Tax Certainty Scheme providing binding pre-investment tax rulings for major investment projects; confirm Corporate Tax Roadmap

Exempt new listed companies from Stamp Duty Reserve Tax for 3 years via UK Listings Relief to improve London market competitiveness

Introduce Commercial Payments Bill imposing 60-day cap on payment terms to small suppliers — described as strongest reform in 25 years

Launch Scale-up Concierge Service and Business Growth Service (business.gov.uk) to provide dedicated government support for high-growth SMEs; 750,000+ users in Year One

Establish National Data Library as public data infrastructure to improve access to government datasets for research, innovation and business

Secure £10bn UK-Norway frigate deal: 5 Type 26 frigates to be built on the Clyde for Norway's Royal Navy; 2,000+ direct jobs confirmed

Launch £500m Sovereign AI Fund (April 2026) to build UK-owned AI compute infrastructure; Edinburgh supercomputer tender (£750m); Cambridge supercomputer (£36m, 6x more powerful)

Deliver £1.1bn AI Hardware Plan to expand UK AI compute capacity, including data centre infrastructure and AI chip manufacturing support

Sign three major trade deals in Year One: India FTA (GDP +£4.8bn, in force 15 July 2026), GCC FTA (GDP +£3.7bn), UK-US Economic Prosperity Deal; 133 trade barriers resolved (£13bn additional exports)