Concerns expressed about Government’s Plan for Growth
5 July 2021
The Industry and Regulators Committee has written to the Exchequer Secretary to the Treasury, Kemi Badenoch MP, with its initial concerns about the Government’s Plan for Growth. The Minister gave evidence to the Committee on the Plan for Growth on Tuesday 8 June.
- Letter: Initial concerns about the Plan for Growth
- Letter from the Exchequer Secretary, 24 June 2021
- Transcript from the meeting with the Exchequer Secretary, 8 June 2021
- Recording of the meeting with the Exchequer Secretary, 8 June 2021
The Committee identifies three areas where it has concerns: (i) the lack of prioritisation, given the 180 policies and commitments that have been identified; (ii) the lack of reporting, which will inhibit effective parliamentary scrutiny; and (iii) the lack of consultation.
Lord Hollick, Chair of the Industry and Regulators Committee, commented:
“It remains unclear what the Government’s priorities are to recover from the pandemic, boost productivity and economic growth, and deliver net zero by 2050. The Plan for Growth fails to outline these priorities.
“Although the Government has scrapped the Industrial Strategy Council, it has not introduced a system of reporting for the Plan for Growth, which will inhibit effective parliamentary scrutiny. The Government needs to take into account the views of key partners, including businesses large and small, consumers and the devolved administrations.”