Industrial Strategy Advisory Council annual report 2026
Overview of the work of the Industrial Strategy Advisory Council (ISAC) one year since the publication of the Modern Industrial Strategy (IS).
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The ISAC’s inaugural annual report details the work the council has undertaken, the evidence and insights emerging from that work and issues relevant to the next phase of IS delivery.
Over the last year the council has engaged extensively with industry, academia, local and national government and stakeholders to explore the issues that are most important to the Industrial Strategy’s long-term success.
The report’s main message is that the 10-year Modern Industrial Strategy is needed now more than ever. In the context of substantial changes to the global economic environment over the year since its publication, the fundamental diagnoses and policy priorities of the IS remain the right ones. The government must now build on progress to date to deliver faster and greater impact for business.