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Industrial Strategy Publications
Should the UK have a strategy for semiconductors? This question has come to the fore in response to a series of events – some specific to the UK, others related to global developments – which have moved semiconductors (often referred to as chips or microchips) higher up the political agenda. These include: the current semiconductor shortage, which has severely affected some industries, especially the car makers; the semiconductor war between the US and China; and moves by Chinese companies to acquire European or American producers as a means of accessing semiconductor technology.
Every day we have to prove that we are who we say are. At present, proving one’s identity online can be cumbersome and difficult in the UK, so citizens often end up sending sensitive documents, such as passports and driving licenses, by post. This report, by Benjamin Barnard, argues that the Government needs to develop better systems to allow people to create and use ‘digital identities’ to prove their identity online, which could prevent billions of pounds of fraud a year.
A UK Advanced Research Projects Agency could have a transformative impact on technological innovation in the UK – but the Government must embrace failure if it is to be a success. Learning lessons from the US, ministers must tear up the rule book of research funding bureaucracy and recognise that the majority of projects will not achieve their objectives, but that those that do will be will be transformational. The key to success will be allowing empowered and highly expert project managers to drive forward projects and allocate funding to the best people and projects wherever they can be found.
Why do 1.23 million people lack access to a bank account? What can be done to help the 10 million people who rely on non-standard credit? How can the Government ensure that everybody gets access to debt and financial advice?
This report, by Benjamin Barnard and Jos Henson Gric, shows how innovations in Financial Technology can improve access to banking, credit, insurance and debt advice services. It shows how the Government can encourage the one of the UK’s most innovative sectors to improve the lives of the poorest in society, particularly those on Universal Credit.
Unleashing the power of the Union – ideas for new leadership
Policy Exchange Research Note on Defining Islamophobia
What can places across the Midlands do to improve local rates of productivity and prosperity?
In this new Policy Exchange paper Brexit and the British Growth Model, Dr Christopher Bickerton of Cambridge University argues that post-Brexit we need a new approach to and understanding of economic growth which moves away from a reliance on consumption. He advocates a new social settlement to mediate the relations between individuals, the state and markets.
The UK cannot be complacent about the continuing existence of NATO: a world without the alliance would be even more fractious and less secure, while giving up on NATO would be “whimsical, reckless, self-harming and self-defeating”, argues a new Policy Exchange paper, Remaking the Case for NATO: Collective Security and the British National Interest ahead of this week’s crucial summit in Brussels.
The UK should become a global hub for ‘GovTech’, with digital technology offering the chance to transform the relationship between the state and the citizen, and create a more efficient, responsive and innovative state, says a new Policy Exchange report The Smart State.