LORDS

How will the industrial strategy affect different industry sectors?

21 March 2017

The House of Lords Science and Technology Committee continues its short investigation into the UK’s Industrial Strategy and hears evidence from industry experts.

The Committee addresses issues such as to how the proposals in the Industrial Strategy Green Paper will help to retain talented UK scientists; how taxation and regulation of research and development should be addressed and whether the strategy helps to make the UK more attractive to international R&D investors.

Witnesses

Tuesday 21 March in Committee Room 4A, Palace of Westminster

At 11.40am

  • Sir Michael Arthur, President, Boeing Europe and Managing Director, Boeing U.K. and Ireland
  • Professor Jackie Hunter CBE, Chief Executive Officer, BenevolentBio
  • Neil Woodford CBE, Founding Partner, Woodford Patient Capital Trust

Possible questions

Questions likely to be covered in the session include:

  • The Green Paper puts a strong emphasis on the distribution of scientific research and economic growth across the UK.  Does the geographic distribution of research matter to you? 
  • Should the Government try to develop and nurture specific industry sectors or stick to the climate for business as a whole?
  • In the UK, we have a history of creating successful science-based companies – often as university spinouts – watching them grow to a certain value and then seeing them acquired by larger corporations based overseas.  Is that a healthy pattern of activity? 

Further information

Image: iStockphoto

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