16 Jul 2025

The UK's Modern Industrial Strategy 2025

Following on from their Green paper (see below), the UK Government published the UK's Modern Industrial Strategy in June 2025. Alongside this 5 of the 8 sector plans were published (Advanced Manufacturing, Creative Industries, Clean Energy Industries, Digital and Technologies and Professional and Business Services) with the Life Sciences plan and the Financial Services Growth & Competitiveness Strategy being published in mid-July and the Defence sector plan to follow.

AREF looks forward in supporting the Government in achieving the aims of this strategy.


Green Paper: Invest 2035 - UK Modern Industrial Strategy

In October 2024, the Department for Business and Trade published a Green Paper on the Government's Industrial Strategy for the next 10 years. This focussed on driving growth in eight sectors:

  • Advanced Manufacturing
  • Clean Energy Industries
  • Creative Industries
  • Defence
  • Digital and Technologies
  • Financial Services
  • Life Sciences
  • Professional and Business Services

AREF explained in its response, submitted on 22 November 2024, that for all of these growth-driving sectors real estate investment should be a foundational sector.

 

Author

Jacqui Bungay

Jacqui Bungay

Head of Policy, AREF

Jacqui provides policy guidance and secretariat services to AREF’s Board and Management Committee as well as many of AREF's committees and working groups.

Jacqui joined AREF in 2014 after working for over 25 years in fund compliance, client relationships and administration in the trustee and depositary sector.