The British government on Monday unveiled its industrial strategy for the next decade, with a key reform aimed at lowering electricity costs for thousands of companies starting in 2027. The plan includes up to £2.8 billion in R&D funding over five years to support innovation in advanced manufacturing and a target to more than double investment in clean energy industries to over £30 billion annually by 2035. The strategy also allocates £150 million to a creative industries growth fund and up to £600 million for a new AI-ready Health Data Research Service as part of efforts to position the UK among the world's top three life sciences economies. For the first time, professional and business services are formally included in the strategy. The government plans to support AI adoption, facilitate international recognition of qualifications, and establish five new sector hubs across England and Scotland. Britain also pledged to prioritise frontier technologies such as AI, semiconductors, cybersecurity and quantum technologies, aiming to become one of the world's top three tech innovation hubs. On EU relations, the strategy calls for enhanced cooperation on energy and carbon pricing and outlines a possible UK role in the EU's internal electricity market to boost trade and investment. Attribution: Amwal Al Ghad English Subediting: M. S. Salama
