Industrial Strategy references for quarterly update January to March 2026
Published 9 April 2026
This document outlines the references used within the text of this quarterly update. Sources for the Economic Indicators are outlined within table 2 of the methodological note and sources for the examples of public finance support and major new investment commitments can be found in the accompanying spreadsheet.
References used in the quarterly update
References used for page 2
The following references were used for page 2:
- Northern Growth Strategy: HM Treasury, Ministry of Housing, Communities, and Local Government (2026), Northern Powerhouse Rail to drive biggest travel upgrade in the North in a generation
- Agratas Grant: Competition and Market Authority (2026), Referral of the proposed subsidy to Agratas Limited by the Department for Business and Trade
- Quantum Projects: Department for Science, Innovation, and Technology, HM Treasury (2026), UK’s “Quantum leap† to help beat disease, deliver high-paid jobs, and strengthen national security, as first country in the world to roll out Quantum computers at scale
- Sovereign AI Fund: HM Treasury, Department for Science, Innovation, and Technology (2026), UK will win AI race as Chancellor sets out economic ‘big choices’
- British Industrial Competitiveness Scheme: Department for Business and Trade (2025), Government acts on top business concern and cuts electricity bills for thousands of manufacturers by up to 25%
References used for page 3
The following references were used for page 3:
- DRIVE35 Supplier Readiness Scheme:
- Offshore Wind Auction: Department for Energy Security and Net Zero, Prime Minister’s Office (2026), Record renewables auction supports 7,000 jobs and £3bn investment
- Nuclear Regulatory Review: Department for Energy Security and Net Zero (2026), Building our nuclear nation: government response to the Nuclear Regulatory Review 2025
- Fusion Strategy: Department for Energy Security and Net Zero (2026), A new energy revolution: The UK’s plan for delivering fusion energy
- STEP Fusion site:
- Creative Industries Research, Development, and Innovation Funding Package: Department for Culture, Media, and Sport, Department for Science, Innovation, and Technology (2026), Regions set to benefit from new creative industries funding
- AI and copyright report: Department for Science, Innovation, and Technology, Department for Culture, Media, and Sport, Intellectual Property Office (2026), Report and impact assessment on Copyright and Artificial Intelligence
- Production Park:
- Leonardo Defence Contract: Ministry of Defence (2026), Billion-pound helicopter deal secures 3,300 British jobs, boosts battlefield kit and unlocks up to £15 billion in UK exports
- Royal Air Force (RAF) Typhoon Fighter Jet Package: Ministry of Defence (2026) Half a billion investment to upgrade RAF Typhoons and secure 1,500 British jobs
- IonQ and the University of Cambridge: Department for Science, Innovation, and Technology (2026) UK’s “Quantum leap† to help beat disease, deliver high-paid jobs, and strengthen national security, as first country in the world to roll out Quantum computers at scale
- Government-backed research lab: Department for Science, Innovation, and Technology, UK Research and Innovation (2026), Government to create new lab to keep UK in the fast lane on AI breakthroughs
- TechFirst Women’s Programme: Department for Science, Innovation, and Technology (2026), Government breaks down barriers to help more women and girls enter the tech sector
- Berne Financial Services Agreement: HM Treasury (2026), The Berne Financial Services Agreement
- Public Offers and Admissions to Trading Regulations Regime:
- FCA/Prudential Regulation Authority Scale-Up Unit:
- UCB: HM Treasury, British Business Bank, Office for Life Sciences (2026), Reeves gets deals done at Davos
- Addiction Healthcare Goals Catalysing Innovation Awards: Department of Health and Social Care (2026), New technology and medicines to combat drug and alcohol addiction
- UK-Japan science and tech collaborations: Department for Science, Innovation, and Technology (2026), UK and Japan strengthen science and technology ties
- PBS Research and Development Activities:
- PBS Export Data: , PBS defined as ‘Other Business Services’
- LawtechUK programme: Ministry of Justice (2026), Millions invested to boost UK’s position as a global tech leader
References used for page 4
The following references were used for page 4:
- Refunds on visa fees: HM Treasury (2026), Reeves tells Davos: Britain is the best place in the world to invest
- Global Talent Taskforce: Department for Science, Innovation and Technology, Department for Business and Trade (2026), UK launches global talent drive to attract world-leading researchers and innovators
- AI Skills Boost: Department for Science, Innovation and Technology, Skills England (2026), Free AI training for all, as government and industry programme expands to provide 10 million workers with key AI skills by 2030
- UK Export Finance Lending: UK Export Finance, Department for Business and Trade, HM Treasury (2026), UK lenders step up with £11 billion push to back British businesses
- China Export Deals: Department for Business and Trade (2026), Prime Minister visit to China: trade and investment factsheet
- Diplomatic Advisory Hub:
- Reducing the cost of regulation: Department for Business and Trade (2026), Business Secretary backs British scaleups with growth package and red tape review
- New re-domiciliation regime: Department for Business and Trade (2026), Open for business: implementing a UK corporate re-domiciliation regime
- Public procurement: Cabinet Office (2026), Public Procurement: Growing British industry, jobs and skills Government response to consultation
- Improving infrastructure:
- Greater Manchester:
- Liverpool City Region:
- West Yorkshire:
- South Yorkshire:
References used for page 5
The following references were used for page 5:
- Supporting entrepreneurs: Department for Business and Trade (2026), Business Secretary backs British scaleups with growth package and red tape review
- Enhancing skills: Department for Work and Pensions (2026), Major employment drive to help unlock 200,000 new jobs and apprenticeships for next generation
- Capitalising on the value of UK data: Department for Business and Trade (2026), Smart Data Challenge Prize selects Moverly’s digital property pack as winner
- Improving capital allowances: HM Revenue and Customs (2026), Capital allowances: new first-year allowance and reducing main rate writing-down allowances
- Mobilising private capital:
- Making it easier for business to access government: HM Revenue and Customs (2026), HMRC introduces °Ç¸ç³Ô¹Ï One Login for new customers
- Industrial Strategy Advisory Council: Department for Business and Trade, HM Treasury, Industrial Strategy Advisory Council (2026), Business Secretary bolsters advisory council to grow UK industry
References used for page 6
The following references were used for page 6:
- Oxford to Cambridge Growth Corridor: HM Treasury (2026), Oxford-Cambridge corridor to be UK’s “Silicon Valleyâ€
- Cambridge Supercomputer: Department for Science, Innovation and Technology (2026), Cambridge supercomputer set to get 6 times more powerful as government backs British AI innovation
- City Investment Funds: HM Treasury (2026), Chancellor backs the North’s industrial strengths with new investments
- Chery Commercial Vehicle:
- Local Innovation Partnership Fund:
- Industrial Strategy Zone projects:
- Scotland Defence Growth Deal: Ministry of Defence, Scotland Office (2026), Scotland set for skills and innovation boost as £50 million defence growth deal unveiled
- Lenovo:
- Bank of America: Department for Business and Trade (2026), US financial giants boost UK investments and jobs across London, Edinburgh, Belfast and Manchester
- Wales Defence Growth Deal: Ministry of Defence, Wales Office (2026), Wales becomes UK launchpad for next generation autonomous technology
- Auction Round 7: Department for Energy Security and Net Zero (2026), Record breaking auction for offshore wind secured to take back control of Britain’s energy
- Large Structures Innovation Centre:
- Lanarkshire AI Growth Zone: Department for Science, Innovation and Technology (2026), More than 3,400 jobs and targeted support for local communities to help tackle the cost of living as Lanarkshire named latest AI Growth Zone
References used for page 7
The following references were used for page 7:
- China: Prime Minister’s Office, Department for Business and Trade, Foreign, Commonwealth and Development Office (2026), Billions in exports and investment deals secured as PM concludes visit to China
- European Union:
- Ukraine:
- Ireland: Prime Minister’s Office (2026), Closer ties with Ireland are delivering for the UK in a volatile world, as leaders attend second UK-Ireland summit
- United States: Department for Business and Trade, Foreign, Commonwealth and Development Office (2026), UK and US sign Memorandum of Understanding on critical minerals
- Nigeria:
- Department for Business and Trade (2026), UK-Nigeria Enhanced Trade and Investment Partnership – ministerial dialogue communiqué: 16 March 2026
- UK Export Finance, Department for Business and Trade (2026), Record-breaking order for British Steel as UK and Nigeria sign landmark £746 million ports deal
- Spain: