The government’s Industrial Strategy is ambitious in scope. By concentrating on eight priority sectors – from advanced manufacturing and life sciences to creative industries and clean energy – it signals a renewed commitment to harnessing Britain’s competitive strengths. Alongside new funding tools such as the £600 million Strategic Sites Accelerator and the Mayoral Recyclable Growth Fund, it promises to channel investment into the places and sectors that can deliver the highest returns.
But does it meet the demands of the property and planning sector, which is tasked with translating these strategic goals into physical reality? From my perspective in Manchester, working daily with occupiers, developers and local authorities, the answer is nuanced. The strategy provides a strong framework. Yet its success will depend on the extent to which national ambitions align with regional strengths, and on whether planning reform is nimble enough to keep pace with investment.
Location still defines success
When international businesses consider expanding into the UK, they often view the country as a single destination. In reality, the geography of opportunity is highly varied. The North West exemplifies this diversity: Manchester and Liverpool offer deep pools of research expertise, skilled graduates and sectoral specialisms that match the Industrial Strategy’s priorities.
Life sciences and health innovation are thriving in both cities, supported by the NHS, universities and a strong commercial ecosystem. Digital infrastructure and advanced materials research are similarly buoyant, while creative industries and clean energy are beginning to reach new levels of maturity. For occupiers in these fields, the ability to access talent, research partners and affordable workspace is critical.
These strengths are reinforced by connectivity. Manchester Airport’s global reach, Liverpool’s port facilities, and ongoing upgrades to east-west rail create a platform for international investment. Add a competitive cost base and strong quality of life, and the North West is firmly established as a credible alternative to the South East.
