The Government has welcomed over £250bn of investment since the launch of the UK’s Modern Industrial Strategy in June.

In an update it added 45,000 jobs will be supported thanks to investment commitments made into the strategy’s key growth driving sectors.

The Industrial Strategy is focussing on eight key sectors - advanced manufacturing, clean energy industries, creative industries, defence, digital and technologies, financial services, life sciences, and professional and business services. 

Achievements to date have been summarised in the first quarterly update on the strategy.

Business and trade secretary, Peter Kyle, said: “Our Industrial Strategy has hit the ground running — securing over £250bn in investment and supporting 45,000 jobs in just a few months. This shows our strategy is not just working — it’s transforming communities and industries across the country as we deliver on our Plan for Change.

“From pioneering clean energy to scaling up advanced manufacturing and digital innovation, we’re backing the sectors that will define the future. This strategy is about delivery, not just ambition — and it’s already laying the foundations for a stronger, more resilient economy that works for everyone.”

Highlights include:

• Advanced manufacturing: the DRIVE35 programme is injecting £2.5bn into the automotive sector, supporting capital investment and R&D.
• Clean energy industries: the Contracts for Difference Allocation Round 7 has opened with a £544m budget, while 10 hydrogen projects from Allocation Round 1 are now moving forward - creating more than 700 jobs.
• Defence: £65m is supporting SMEs and exporters in the defence sector.
• Digital and technologies: a new AI Growth Zone in the North East is expected to generate over 5,000 jobs and attract more than £30bn in private investment.
• Professional and business services: a new Made Smarter delivery model is being co-developed with Mayoral Strategic Authorities, ready for rollout in 2026 to boost productivity and innovation.