To ask Her Majesty's Government what sector deals have been agreed by the Department for Business, Energy and Industrial Strategy under their Industrial Strategy; and how much funding they have allocated to each deal.
Answered on
17 December 2018
Nine sector deals have been agreed so far. These are with the nuclear, creative industries, construction, AI, automotive, rail, aerospace sectors, and the life sciences sector has published two deals.
Sector deals are negotiated partnerships between government and Industry in key sectors of the economy to unblock barriers to productivity in specific areas. There is no new funding available, and they do not allocate funding to sectors. Some of the nine Deals agreed to date have involve supporting sector-led proposals with existing sources of Government funding.