Business Plans

Department for Business, Innovation and Skills

Select a department and browse the individual actions under each priority. See the status for each action.

  1. 1. Rebalance the economy across sectors

    Actions

    1. 1.1 Establish a Green Investment Bank to support private investment in green infrastructure and late stage technologies
      TitleStartEndStatus
      1.1.i. Establish the governance arrangements and design the business and operating model of the new institutionMay 2011Completed
      1.1.ii. Green Investment Bank shadow Board establishedDec 2011Completed
      1.1.iii. Design of Green Investment Bank complete and publishedMay 2011Dec 2011Completed
      1.1.iv. Continue market testing for the role of the Green Investment Bank beyond incubation phaseMay 2011Dec 2011Completed
      1.1.v. Green Investment Bank operationalSept 2012Sept 2012Yet to start
      1.1.vi. Release first annual data on the funds in and size of investments made by the Green investment BankMay 2013May 2013Yet to start
    2. 1.2 Promote industry-led developments to increase use of debt capital markets and supply chain finance
      TitleStartEndStatus
      1.2.i. Analysis of the funding landscape for medium sized businesses to identify any finance gaps and develop options to address themCompleted
      1.2.ii. Develop and publish implementation plan to support sustainable, affordable lending to businessCompleted
      1.2.iii. Publish Green Paper with HM Treasury on business financeCompleted
    3. 1.3 Establish a Cabinet Banking Committee and an Independent Banking Commission to report on banking structural reform, working with HM Treasury
      TitleStartEndStatus
      1.3.i. Cabinet Banking Committee and Independent Banking Commission establishedCompleted
      1.3.ii. Independent Banking Commission report publishedSept 2011Sept 2011Completed
      1.3.iii. Prepare the Government‟s response to the Independent Commission on Banking's final report, working with HM TreasurySept 2011Sept 2011Completed
    4. 1.4 Promote competitiveness in areas of comparative advantage for the UK, to ensure that the country is not so dependent on a narrow range of economic sectors
      TitleStartEndStatus
      1.4.i. Framework on advanced manufacturing sectors publishedCompleted
      1.4.ii. Review regulations to promote growth of key economic sectors, working with Infrastructure UKCompleted
      1.4.iii. Publish a growth paper, with a new framework to enable broad-based economic growth, including support for innovative small companies and key growth sectorsCompleted
      1.4.iv. Ensure the UK has the right strategies and frameworks, and relationships internationally, for our companies to take advantage of emerging global markets in which the UK has world leading expertiseJul 2011Completed
      1.4.v. Report published with Infrastructure UK on a common set of principles regulation including whether further cross-sectoral action is requiredJul 2011Jul 2011Completed
      1.4.vi. Work with STEMNET to develop a plan to recruit STEM Ambassadors, who promote STEM subjects in schools, focusing on priority growth sectors, including Digital and Creative IndustriesOct 2011Completed
    5. 1.5 Launch an enhanced Manufacturing Advisory Service (MAS) tailored to suit the needs of the individual business and the local economic environment
      TitleStartEndStatus
      1.5.i. Review options to reform the design and delivery of the programme of the MAS in consultation with industryCompleted
      1.5.ii. Run procurement process to identify preferred supplier of serviceAug 2011Overdue
      1.5.iii. Prepare for launch of the new MASDec 2012Completed
      1.5.iv. Launch of new enhanced MAS under a national providerNov 2011Jan 2012Completed
    6. 1.6 Promote growth in the healthcare and life sciences sector by improving access to the skilled individuals the sector needs
      TitleStartEndStatus
      1.6.i. First meeting of Life Sciences Advisory BoardCompleted
      1.6.ii. Support Cogent as it develops and publishes a plan to improve demand signalling by bringing employers and educators togetherJul 2011Completed
      1.6.iii. Work with the Technology Strategy Board to establish the 'Delivering Assisted Living Lifestyles at Scale' programme to show how assisted living technologies and services can be used to promote well-being and provide top quality health and care, enabling people to live independentlyJun 2011Apr 2012Completed
      1.6.iv. Support the Society of Biology to work to establish an accreditation scheme to raise standards of bioscience degreesMar 2012Completed
      1.6.v. Support Department of Health in delivering actions to ensure improved performance in the delivery of clinical trials in the UK and proportionate regulation of health research, including the new health research regulatory agency and securing a proportional interpretation of the EU Clinical Trials DirectiveMar 2012Completed
    7. 1.7 Remove obstacles to growth and create a business environment in which companies in the construction sector have the confidence to invest
      TitleStartEndStatus
      1.7.i. In conjunction with HM Treasury and Cabinet Office, publish a pan-government construction strategy and work programme that will cut the costs of construction procurementMay 2011Completed
      1.7.ii. Work with HM Treasury and with support from Department for Communities and Local Government to review construction standards and codes with industryMay 2011Completed
    8. 1.8 Work with Department of Communities and Local Government (DCLG) to develop measures to support thriving town centres and build on the Town Centre First Policy
      TitleStartEndStatus
      1.8.i. Support DCLG to review the Use Classes Order and associated permitted development rights, giving full consideration to the role the Use Classes system plays in encouraging growthDec 2011Completed
      1.8.ii. Provide best practice guidance, through a single portal, to local authorities and businesses on re-invigorating town centres, including information on potential benefits of Business Improvement DistrictsDec 2011Completed
  2. 2. Rebalance the economy across regions

    Actions

    1. 2.1 Empower local authorities and businesses to come together and form new local enterprise partnerships, providing support to accelerate their establishment, working with the Department for Communities and Local Government
      TitleStartEndStatus
      2.1.i. Develop proposals for the functions, governance and responsibilities of local enterprise partnerships as part of a local growth White PaperCompleted
      2.1.ii. Outline proposals for local enterprise partnerships received and consideredCompleted
      2.1.iii. Feedback given on outline proposals for local enterprise partnershipsOct 2011Completed
      2.1.iv. Respond to proposals and facilitate the establishment of local enterprise partnerships, including working with those local authorities and businesses who were not immediately ready to establish their local enterprise partnership boards, to enable them to move forward with their local enterprise partnership proposalsOct 2011Completed
      2.1.v. Work with each new local enterprise partnership to enable them to establish their roles and functionsMay 2012Completed
    2. 2.2 Put in place a Regional Growth Fund to encourage private sector enterprise and support to help places currently reliant on the public sector to make the transition to sustainable private sector led growth, working with HM Treasury and the Department for Communities and Local Government
      TitleStartEndStatus
      2.2.i. Develop proposals for a Regional Growth Fund as part of the 2010 Spending Review, publishing plans in the local growth White PaperCompleted
      2.2.ii. Run first bidding round for the Regional Growth Fund, whereby private bodies and public private partnerships (including Local Enterprise Partnerships) bid for funding to invest in sustainable private sector led growthCompleted
      2.2.iii. Put in place systems and funds to deliver the Regional Growth FundCompleted
      2.2.iv. Conditional offers announced for successful Regional Growth Fund bidsCompleted
      2.2.v. Run a second bidding round for the Regional Growth Fund and announce successful bidsDec 2011Completed
      2.2.vi Run a third bidding round for the Regional Growth Fund if required, subject to review in Sept 2012Apr 2013In progress
    3. 2.3 As lead Department, work with the Department for Communities and Local Government to arrange the closure of the Regional Development Agencies and related transition process
      TitleStartEndStatus
      2.3.i. Evaluate RDA functions and assets, as part of local growth White PaperCompleted
      2.3.ii. Ensure transition plans are in place for individual RDAsCompleted
      2.3.iii. Complete RDA projects (stand-alone ongoing major programmes) or transfer to other bodiesApr 2012Completed
      2.3.iv. Manage out RDA functions, assets, commitments and liabilities in an orderly fashion or transfer to other bodiesApr 2012Completed
      2.3.v. Introduce the Public Bodies Bill and the Localism Bill, working with the Cabinet Office and the Department for Communities and Local GovernmentCompleted
    4. 2.4 Work with Local Enterprise Partnerships (LEPs) on developing bids for Enterprise Zone status to support growth in their areas
      TitleStartEndStatus
      2.4.i. With the Department for Communities and Local Government and HM Treasury, work with the LEPs announced in the Plan for Growth as hosting Enterprise Zones, to help them identify the most suitable site for an Enterprise Zone that maximises growth potential in their areaOct 2011Completed
      2.4.ii. Work with the Department for Communities and Local Government and HM Treasury to run a competition to identify a further ten Enterprise Zones, seeking to make decisions on these Zones in the summerSept 2011Completed
  3. 3. Safeguard the future of Royal Mail and the Post Office

    Actions

    1. 3.1 Seek to ensure an injection of private capital into Royal Mail to secure the future of the universal postal service and create a sustainable future for Royal Mail and its employees. Seek to minimise ongoing risk to the taxpayer and ensure that Royal Mail employees are engaged in the transformation of the business and are able to share in its future success
      TitleStartEndStatus
      3.1.i. Introduce the Postal Services Bill to introduce private sector capital, take on the bulk of Royal Mail's pension fund deficit, commit to an employee share scheme of at least 10%, and establish the appropriate regulatory regimeCompleted
      3.1.ii. Seek State Aid clearance from the European Commission for the Government taking on the bulk of the pension deficitMay 2011May 2012In progress
    2. 3.2 Help put in place measures to sustain the Post Office and its nationwide network of post offices, including ensuring that Post Offices can offer a wide range of services
      TitleStartEndStatus
      3.2.i. Introduce the Postal Services Bill to allow for the legal and operational separation of Post Office Ltd from Royal Mail. The Post Office will not be for saleJul 2011Completed
      3.2.ii. Develop a new commercial strategy in partnership with Post Office LtdCompleted
      3.2.iii. Develop options for potential mutualisation of Post Office LtdJun 2011Completed
  4. 4. Build an internationally-competitive skills base

    Actions

    1. 4.1 Develop and publish a strategy for reforming further education for building an internationally-competitive skills base including the reform of further education
    2. 4.2 Expand and improve the quality of the apprenticeships programme
      TitleStartEndStatus
      4.2.i. Provide funding and a training offer to support the creation of additional 75,000 adult Apprenticeship places by 2014-15 relative to the level of spending inherited from the previous GovernmentMar 2015In progress
      4.2.ii. Introduce new statutory national standards to increase the quality of Apprenticeships (Specification of Apprenticeship Standards for England)Completed
      4.2.iii Gather and analyse data ahead of the first release publishing the number of new Apprenticeship placesJan 2012Completed
      4.2.iv. Fund an additional 40,000 adult Apprenticeship places focused on the young unemployed and an additional 10,000 advanced and higher Apprenticeship placesMar 2015In progress
      4.2.v. Develop a support fund to address the specific barriers faced by SMEs in setting up Advanced and Higher Level Apprenticeship schemesApr 2012Completed
      4.2.vi. Work through our partners to encourage more retail apprenticesApr 2012Completed
      4.2.vii Develop regulations to lay before Parliament supporting our commitment to enable flexible models of delivering advanced and higher level Apprenticeships in the Digital and Creative IndustriesJul 2011Completed
    3. 4.3 Introduce a new systems of loans for further education students, in parallel with reforms to funding of higher education, with the expectation that those adults who benefit most from training will contribute to the costs where they can afford to do so
      TitleStartEndStatus
      4.3.i. Develop proposals to introduce loans for further education studentsCompleted
      4.3.ii. Publish proposals on the introduction of loans for further education studentsMar 2011Completed
      4.3.iii. Consult on proposals and develop an implementation plan so that loans are introduced in time for the academic year 2013/14Aug 2011Overdue
      4.3.iv. Higher Education legislation introduced, including clauses that will allow introduction of Further Education loansMay 2012May 2012Yet to start
    4. 4.4 Implement a new round of the Growth and Innovation Fund, for employer co-funded projects, that invest in training and skills development
    5. 4.5 Enable people to choose the learning that will help them achieve their goals, and empower and inform learners so they can hold colleges and providers to account
      TitleStartEndStatus
      4.5.i. Launch an improved careers service to help people make informed choicesCompleted
      4.5.ii. Put in place Lifelong Learning Accounts to encourage learners to make informed choices and take up the funding they are entitled toSept 2011Completed
      4.5.iii.Publish initial information about providers and their performance to inform choice of learners and employers and review options to create a new information systemCompleted
    6. 4.6 Set colleges free from central control, including by abolishing and radically scaling back further education quangos. Ensure public funding is fair and follows the choices of students
      TitleStartEndStatus
      4.6.i. Review funding and the organisational structure of the UK Commission for Employment and Skills and refocus on employer leadership and ambitionCompleted
      4.6.ii. Consult on removing unnecessary controls and regulation attached to further education funding, auditing and monitoringCompleted
      4.6.iii. Remove controls from further education funding, auditing and monitoring to reduce bureaucracy for collegesNov 2011Completed
    7. 4.7 Develop proposals for reforming informal adult and community learning and review the effectiveness of basic skills training in delivering economic and social outcomes, to support the development of the Big Society and progression to formal learning
    8. 4.8 Develop proposals to introduce a new workplace training programme to replace Train to Gain, targeted at SMEs
    9. 4.9 Work with the Department for Work and Pensions to ensure that Jobcentre Plus,Work Programme providers, further education colleges and other training providers collaborate so that people on active benefits have access to training to find and keep work, and progress once in work. This collaboration will include work with employers to give benefit claimants access to sector-specific training (alongside work experience and guaranteed interviews brokered by Jobcentre Plus) through sector-based work academies
    10. 4.10 Work with the UK Commission for Employment and Skills (UK Commission) and Sector Skills Councils to increase business investment in skills and to support employers in making more productive use of skills
      TitleStartEndStatus
      4.10.i. Introduce a new remit for the UK Commission with the focus on increasing employer investment in and use of skills in support of jobs for growthApr 2012Completed
      4.10.ii. Appoint new Commissioners and a permanent Chief ExecutiveJul 2011Completed
      4.10.iii. Introduce new funding mechanisms through an employer investment fund to change the way Sector Skills Councils encourage employers to invest in skillsNov 2011Completed
      4.10.iv. Re-launch Investors in People by the UK Commission as a business development toolApr 2012Completed
    11. 4.11 Increase employers’ investment in skills and improve the recognition of vocational skills by supporting employer proposals for professional and occupational standards
      TitleStartEndStatus
      4.11.i. Ensure that the relevant first round of Growth and Innovation Fund bids are submittedJul 2011Completed
      4.11.ii. Run a first wave of sector initiatives through the Employer Investment FundAug 2011Nov 2011Completed
      4.11.iii. Review the effectiveness of initiatives and the overall scope of the programmeApr 2012Jul 2012In progress
    12. 4.12 Contribute to the cross-Government work on improving social mobility
      TitleStartEndStatus
      4.12.i. Publish jointly with the Department for Work and Pensions and the Department for Education a participation strategy for 16-24 year oldsNov 2011Overdue
  5. 5. Support universities, science and research in building a strong, innovative economy

    Actions

    1. 5.1 Reform higher education to deliver a sustainable, world class system, that is open to people from all backgrounds while also expecting greater funding contributions from those who can afford to pay
      TitleStartEndStatus
      5.1.i. Develop and publish the Government‟s response to the Browne Review, including support to students from disadvantaged backgrounds; support for lower income graduates; and to secure greater funding contributions from those who can afford to payCompleted
      5.1.ii. Develop and publish a White Paper on the future strategy for higher education to encourage greater choice for students, high quality teaching, a fair deal for part-time students, and wider participation for students from disadvantaged backgroundsMar 2011Completed
      5.1.iii. Introduce legislation so that higher education institutions, the Higher Education Funding Council for England and the Student Loans Company can implement new arrangementsMay 2012In progress
      5.1.iv. Implement the new National Scholarship Programme to provide awards to students entering higher education in the academic year 2012/13Jun 2011In progress
    2. 5.2 Review options to monetise the Student Loan Book
    3. 5.3 Improve information for prospective students on different higher education institutions
      TitleStartEndStatus
      5.3.i. Universities publish statements on how well courses equip students for employmentJul 2012In progress
      5.3.ii. Ensure information is available for each university on key issues for students, including student satisfaction and post-educational outcomes for graduates from different courses and universitiesJul 2012In progress
      5.3.iii. Consult with the higher education sector on best way to make information available including through the existing Unistats website, enhancing and adding to the information already available through the websiteCompleted
    4. 5.4 Ensure that future investment in science and research is focussed on excellence
      TitleStartEndStatus
      5.4.i. Publish changes to the Research Excellence Framework (REF), including a robust method for assessing the economic impact of researchCompleted
      5.4.ii. Develop guidance for institutions on preparing their submissions for REFJul 2011Completed
      5.4.iii. Prepare and run a pilot of the REF submissions systemJan 2012Dec 2012In progress
      5.4.iv. Develop REF submissions system and open it to responses by institutionsJan 2013Nov 2013Yet to start
      5.4.v. Conduct assessment of REF submissionsJan 2014Dec 2014Yet to start
      5.4.vi. Reform Quality Related Research funding to further focus on research excellence, taking account of critical mass and multidisciplinary capacityJul 2011Completed
      5.4.vii. Develop and publish a clear policy statement on the Haldane Principle to ensure that publicly funded research projects are selected through effective peer reviewCompleted
    5. 5.5 Improve the efficiency of the research system
      TitleStartEndStatus
      5.5.i. Implement recommendations of the Wakeham taskforce on research efficiency in higher education institutionsCompleted
      5.5.ii. Complete migration of Research Councils back office processes to a shared service centre, including grant administrationCompleted
      5.5.iii. Research Councils UK undertake a process review of implementation of efficiency measuresNov 2011Mar 2012Completed
      5.5.iv. Allocate research organisations to efficiency groups for 2012/13 to reflect the savings they need to makeApr 2012Apr 2012Completed
    6. 5.6 Enable greater private investment in research and aid the commercialisation of technology research through the creation of centres of scientific and technological excellence and stronger links between universities and industries
      TitleStartEndStatus
      5.6.i. Create a national network of Technology and Innovation Centres to support growth, increase UK translational capability and position the UK to take advantage of emerging global marketsApr 2012Completed
      5.6.ii. Work with the Technology Strategy Board to run a competition for a Cell Therapy Technology and Innovation Centre to help the UK‟s healthcare and life sciences industry fulfil its potentialMay 2011Oct 2011Completed
      5.6.iii. Develop a strategy for enhancing the innovative capability of the UK economyNov 2011Completed
      5.6.iv. Publish first report on progress in establishing Technology and Innovation Centres, including level of resources committedOct 2012Oct 2012Yet to start
      5.6.v. Reform Higher Education Innovation Funding (HEIF) to incentivise and reward universities to increase commercial interaction between the research base and businessJul 2011Completed
      5.6.vi. Issue final HEIF allocations for 2011-12 and conditional allocations for 2012-15May 2011May 2011Completed
      5.6.vii. Review universities' HEIF strategies and confirm allocations for 2012-15Jul 2011Nov 2011Completed
      5.6.viii. Work with the Engineering and Physical Sciences Research Council to fund the establishment of nine new Centres for Innovative Manufacturing to feed new ideas and discoveries through to business and Technology and Innovation Centres, helping to open up new industries and markets in growth areasCompleted
      5.6.ix. Work with EPSRC to launch a programme of new Manufacturing Fellowships for exceptional engineers and technology specialists from business to forge links between business and the research baseMar 2012Completed
      5.6.x. Invest an additional £100m in 2011-12 in science capital development to provide facilities for the commercialisation of research, accommodation for innovative SMEs and new research capabilitiesApr 2012Completed
      5.6.xi. Carry out a series of round table discussions with representatives from academia, industry, funders and the NHS to identify any barriers limiting geographical clustering to support entrepreneurship and business growth, building on the UK's world-class research baseOct 2011Completed
      5.6.xii. Develop appropriate actions to remove barriers to geographical clustering which have been identifiedJul 2011Mar 2012Completed
    7. 5.7 Take action to promote innovation and growth of the UK space sector
      TitleStartEndStatus
      5.7.i. Establish the UK Space Agency as an executive agency to formalise links between industry and researchers in a single bodyCompleted
      5.7.ii. Undertake an impact assessment of the Outer Space Act 1986 to develop reforms which will remove restrictions which put UK operators at a competitive disadvantageOct 2011Completed
      5.7.iii. Provide UK industry with clearer guidance on the regulation of security aspects in export deals to create a more predictable environment for licensing space assets and services to overseas customersOct 2011Completed
      5.7.iv. Work with Ofcom to support international reform at the World Radio Conference of the processes used to gain access to orbit satellite slots to ensure that British industry has full and fair access to themFeb 2012Completed
      5.7.v. Develop proposals, including agreeing parliamentary time, for a regulatory environment for space vehicles to promote space tourismMar 2012Completed
      5.7.vi. Accelerate the development of the International Space Innovation Centre at the Harwell Science and Innovation CampusMay 2012Completed
    8. 5.8 Implement the new Birth Cohort Facility Project as set out in Opening Doors, Breaking Barriers, the Governments’ Social Mobility Strategy
      TitleStartEndStatus
      5.8.i. Initiate and complete the competitive commissioning process for the new Cohort Resources Facility which will make the most of data collected from new and existing UK birth cohort studiesJun 2011May 2012In progress
      5.8.ii. Initial data collection phase of the Birth Cohort Study commencesMay 2013May 2013Yet to start
      5.8.iii. Release first findings from the Birth Cohort StudyJul 2015Jul 2015Yet to start
  6. 6. Boost enterprise and make this the decade of the entrepreneur

    Actions

    1. 6.1 Help improve the flow of credit to viable small and medium-sized enterprises (SMEs)
      TitleStartEndStatus
      6.1.i. £200m continuation of the Enterprise Finance Guarantee in placeCompleted
      6.1.ii. Develop proposals to support sustainable lending to business and improvements in service for SME customers, working with HM Treasury and industryCompleted
      6.1.iii. Green Paper published with HM Treasury on business financeCompleted
      6.1.iv. Government response to Green Paper on Business FinanceCompleted
      6.1.v. Develop policy options to address market failures in provision of bank lending and equity finance to viable SMEs, improving access to financeCompleted
      6.1.vi. Simplify publicly funded venture capital funds by bringing funds together at the national level to improve value for moneyCompleted
      6.1.vii. Help the banks set up the business growth fund as soon as possible, developing a credible investment capability and attracting other non-bank investors to support established small businesses with growth potentialJul 2011Completed
      6.1.viii. First investment of banks' business growth fund in SMEs seeking capital to growJul 2011Jul 2011Completed
      6.1.ix. Complete the transfer of c.90 venture capital loans from RDAs to BISMar 2012Completed
      6.1.x. Monitor the banks' implementation of the British Bankers Association (BBA) Business Finance Taskforce commitmentsJan 2012Completed
      6.1.xi. Analysis of SME lending data made available by the BBA by region on a quarterly basis and by postcode area on an annual basisNov 2012Dec 2012Yet to start
    2. 6.2 Make the UK one of the fastest countries in the world to start up a new business, working with Companies House and HM Revenue and Customs
      TitleStartEndStatus
      6.2.i. Launch online 'Start up hub' for people looking to start up a new business, co- locating existing online transaction services offered by HMRC and Companies HouseNov 2011Completed
      6.2.ii. Publish online business information in a single place and complete the rationalisation of 'Solutions for Business' productsCompleted
      6.2.iii. Develop plans to align Company House and HMRC systems to create a 'one-click' registration process for new companiesCompleted
      6.2.iv. Agree implementation plan for a joined-up company registration service ('one click')Aug 2011Overdue
    3. 6.3 Rationalise and better target information and advice for businesses
      TitleStartEndStatus
      6.3.i. Rationalise and simplify the range of ‘Solutions for Business’ productsApr 2011Completed
      6.3.ii. Promote the benefits of mentoring and make it easier for small and medium-sized enterprises (SMEs) to find business advice and support from mentors, working with the private and voluntary sectorsCompleted
      6.3.iii. Ensure those looking to start a business can access the information they need online, including about franchising, published in in an open and standardised format so that it can be re-used for free by third partiesNov 2011Completed
      6.3.iv. British Bankers Association collate and release first annual data on the number of business mentors enrolled in business supportDec 2011May 2012Completed
      6.3.v. Carry out a scoping review of how online businesslink guidance on regulation can be improvedJul 2011Sept 2011In progress
    4. 6.4 Ensure that the UK has world-class competition frameworks
      TitleStartEndStatus
      6.4.i. Review competition law and the roles of sector regulators with competition powers, including the Competition Commission and the Office of Fair TradingCompleted
      6.4.ii. Consult on competition law and the roles of sector regulators with competition powersCompleted
      6.4.iii. Analyse consultation responses and develop final review of competition institutions and competition lawJul 2011Completed
      6.4.iv. Final report published on competition law and the role of sector regulators with competition powersDec 2011Dec 2011Completed
    5. 6.5 Create a stronger entrepreneurial culture
      TitleStartEndStatus
      6.5.i. Support Department for Work and Pensions led trials for the New Enterprise Allowance in Merseyside by facilitating access to mentoring advice and micro-finance loans to enable unemployed people in setting up their own business (including franchises)Completed
      6.5.ii. Trials launched in Merseyside to support unemployed people hoping to set up their own businessCompleted
      6.5.iii. Develop a proposal for enterprise education in schools, further education and higher education, working with Department for EducationCompleted
    6. 6.6 Introduce a network of Business Coaching for Growth services, targeting SMEs with the potential to achieve rapid and significant growth, and providing strategic advice at key stages in the business development cycle
      TitleStartEndStatus
      6.6.i. Develop the infrastructure and award service contracts to deliver the Business Coaching for Growth programme, targeting up to 10,000 businesses per yearJan 2012Completed
      6.6.ii. Launch and roll out the Business Coaching for Growth programme across EnglandJan 2012Jun 2012In progress
  7. 7. Stimulate exports and inward investment

    Actions

    1. 7.1 Set out the Government's strategy for growth through free, fair and open markets, including trade agreements, promoting trade facilitation and cutting global red tape, working with key departments
      TitleStartEndStatus
      7.1.i. Develop and publish a Trade White PaperCompleted
      7.1.ii. Publish a review of progress against the Trade White Paper implementation planDec 2012In progress
    2. 7.2 Develop and publish a strategy setting out how UK Trade and Investment (UKTI) will deliver on key trade priorities, stimulating trade in high tech sectors, creating inward investment in regions and supporting small and medium-sized enterprises
    3. 7.3 Improve the functioning of the EU's single market and trade agreements to increase the access of UK business to overseas markets
      TitleStartEndStatus
      7.3.i. EU-India Summit heldCompleted
      7.3.ii. Liberalise European markets for business services by working with EU partners to deliver achieve an ambitious outcome for the European Commission's blueprint to improve trade in the EU (called "Single Market Act")Dec 2012In progress
      7.3.iii. Make it easier to sell goods and services online in the EUDec 2012In progress
      7.3.iv. Work with EU partners to ensure the services directive is properly implemented to radically improve free movement of services. Estimated benefits to UK economy of £6bn per annumDec 2011Completed
      7.3.v. Establish a single point of contact with the largest license-issuing authoritiesCompleted
      7.3.vi. Make trade in Europe work better through improving transparency, dispute resolution and enforcement for UK companies selling their products in major EU marketsDec 2012In progress
    4. 7.4 Achieve substantive progress on the Doha Development Agenda, working with international partners
    5. 7.5 Build stronger connections between UKTI and UK businesses
      TitleStartEndStatus
      7.5.i. Simplify inward investment activities and connections with UK businessesMar 2012Completed
      7.5.ii. Improve the speed and quality of responses to business enquiries by increasing the range of online servicesCompleted
      7.5.iii. Align UKTI's sector-based approach to identifying overseas business opportunities for UK business with the Government‟s approach to rebalancing the economyCompleted
      7.5.iv. Support the defence and security industries through the Defence and Security Organisation of UKTI to maintain and improve the UK's leading position in the global market place, working with the Ministry of DefenceMay 2015In progress
    6. 7.6 Improve the effectiveness of UKTI’s overseas network in identifying export and inward investment opportunities
      TitleStartEndStatus
      7.6.i. Review deployment of UKTI resources overseas against demand from business for UKTI support in mature and emerging marketsCompleted
      7.6.ii. Launch a trial programme to develop partnerships with leading business people and organisations who will act as advocates for UK business overseasCompleted
    7. 7.7 Implement the new UKTI strategy and actions in the Plan for Growth to encourage investment and exports as a route to a more balanced economy
      TitleStartEndStatus
      7.7.i. Announce new priority high growth and emerging marketsMay 2011May 2011Completed
      7.7.ii. Focus diplomatic resources and use Ministerial visits, along with bilateral government-to-government bodies such as Joint Economic and Trade Committees, to campaign for better market access for UK companies across all our priority marketsMay 2011May 2012Completed
      7.7.iii. Provide a bespoke service to key inward investors, providing them with speedy resolution of obstacles to investmentOct 2011Completed
      7.7.iv. Deliver an enhanced package of support to help SMEs with an ambition to break into overseas marketsMar 2012Completed
      7.7.v. Deliver a pipeline of high quality FDI projects and market UK infrastructure and regeneration projects to major institutional investorsMar 2012Completed
      7.7.vi. Provide UK businesses with local intelligence on high value projects overseas and intensive support to win these dealsMar 2012Completed
      7.7.vii. Develop a more entrepreneurial culture in UKTI which makes better use of private sector expertise and talentMar 2011Completed
      7.7.viii. Further pilot the contracting out the delivery of inward investment services, with the use of private sector specialists and entrepreneurs incentivised to attract investment into London‟s Tech City innovation clusterOct 2012In progress
      7.7.ix. Work in partnership with the Department for Culture, Media and Sport to develop a marketing plan for the digital industriesMay 2011Mar 2012Completed
    8. 7.8 Provide additional support to British businesses exporting, particularly SMEs
      TitleStartEndStatus
      7.8.i Extend the eligibility of the Export Credits Guarantee Department's (ECGD) short term credit insurance policy, the Export Insurance Policy, to address demand for short-term trade credit insuranceCompleted
      7.8.ii Make permanent the ECGD's Letter of Credit Guarantee Scheme and allow ECGD guarantees to be used to raise long-term finance in capital markets for UK exportsIn progress
      7.8.iii Work with banks to launch three new ECGD products: a bond support product, an export working capital product and a foreign exchange credit support schemeMay 2011Completed
      7.8.iv Commence the Export Enterprise Finance Guarantee and promote its use to SMEsMay 2011Oct 2011Completed
      7.8.v Develop and launch a high profile industry showcase alongside the 2012 Olympic and Paralympic games that will be open to a British and International public and business audience visiting London for the 2012 GamesJul 2012In progress
  8. 8. Create a positive business environment

    Actions

    1. 8.1 Introduce ‘One-in, One-out’ so no new regulation is brought in without other regulation being cut by an equal amount. Impose ‘sunset clauses’ on regulations and regulators to ensure that the need for each regulation is regularly reviewed and apply moratorium to new domestic regulation of new start-ups and micro-businesses
      TitleStartEndStatus
      8.1.i. Introduce a Reducing Regulation Cabinet sub-committee to impose 'One-in, One-out'Completed
      8.1.ii. Develop and Publish Statement of RegulationCompleted
      8.1.iii. Develop and publish guidance to impose “sunset clauses” on new regulations so that they automatically expire unless positive action is taken by Government to renew themCompleted
      8.1.iv Publish forward regulatory programmeCompleted
      8.1.v. Carry out review of implementation of sunsetting regulations policySept 2011Dec 2011Completed
      8.1.vi. Launch a civil society red tape taskforce to identify ways of reducing the bureaucratic burden on social enterprises and small voluntary organisations, working with Cabinet Office and publish recommendationsMay 2011Completed
      8.1.vii. Develop and publish a government response to civil society red tape task force recommendationsMay 2011Sept 2011Completed
      8.1.viii. Issue guidance to Departments on the operation of the moratorium to new domestic regulation for start-ups and micro-businesses with fewer than ten employeesMay 2011Overdue
      8.1.ix. Publish progress report on work with other Government Departments and their agencies to implement the Penfold review of development consentsMay 2011May 2011Completed
    2. 8.2 End the culture of ‘tick-box’ regulation, and instead target inspections on high-risk organisations through co-regulation and improving professional standards
      TitleStartEndStatus
      8.2.i. Publish White Paper on reforms to the front line delivery of regulation: introducing reviews andOct 2011Completed
      8.2.ii. Consult on White PaperMay 2011Aug 2011Overdue
      8.2.iii. Develop any legislative proposals, including sunset clauses for regulatorsMay 2012Mar 2012Completed
      8.2.iv Introduce legislation in the second session of Parliament to ensure better accountability for regulators, better targeted inspection and to extend the Primary Authority scheme to additional regulatory areas and a wider range of businessesMay 2012May 2012In progress
      8.2.v Consult on a code of guidance for conducting test purchases for age-restricted salesJun 2012Oct 2011Completed
      8.2.vi Publish code of guidance for conducting test purchases for age-restricted salesOct 2011Nov 2011Completed
      8.2.vii Amend regulations affecting retailers to make them more outcome focused, use a checklist approach to assist SMEs in complying with these regulations and create action plan to take forward after pilotJul 2011May 2012Completed
      8.2.viii. Work with the Heath and Safety Executive use the Reporting of Injuries, Diseases and Dangerous Occurrences Regulations as a pilot for outcome focused regulationJul 2011Nov 2011Completed
    3. 8.3 Develop guidance for policy-makers in all departments to seek alternatives to regulation, supported by the Cabinet Office Behavioural Insights Team
      TitleStartEndStatus
      8.3.i. Publish guidance for all departments to seek alternatives to regulationCompleted
    4. 8.4 Give the public and business the opportunity to challenge the worst regulations
      TitleStartEndStatus
      8.4.i. Develop response to the first set of suggestions from the Your Freedom websiteCompleted
      8.4.ii. Hold regional meetings with small and medium sized enterprises to identify regulations that they would like to amend or repealCompleted
      8.4.iii. Work with Cabinet Office and other departments to help lead the review of the stock of over 21,000 statutory instruments and regulations to free businesses and give people greater freedom and personal responsibilityDec 2012In progress
      8.4.iv. In line with the Red Tape Challenge, bring forward proposals to reduce and reform the stock of statutory instruments and regulations for which the Department has overall responsibilityDec 2012In progress
    5. 8.5 Establish a rigorous approach to tackling EU regulations on their journey from inception to UK implementation in order to minimise unnecessary burdens & ensure that UK businesses are not disadvantaged relative to their European competitors
      TitleStartEndStatus
      8.5.i. Review EU rules already in force or in the pipeline for future implementationCompleted
      8.5.ii. Develop government policy to end gold-plating and a stronger role for the Reducing Regulation Committee and publish new guidance for DepartmentsMar 2011Completed
      8.5.iii. Monitor Departments' progress in ending gold-plating, including in using copy-out, getting right timing, applying review clauses, aligning EU obligations with domestic policy and using alternatives to regulationDec 2012In progress
      8.5.iv. Develop Government policy to maximise UK influence in Brussels through earlier engagementJun 2011Completed
      8.5.v. Work with GlaxoSmithKline, Kingfisher, Balfour Beatty and Tribeka to identify European best practice in the implementation of EU rules and review where EU laws could be made more growth-friendlyDec 2011Completed
      8.5.vi. Work with EU institutions to embed smart regulation, contributing to Commission report on overall burden reductions and exemption of micro-businessesDec 2012In progress
      8.5.vii. Work with EU partners to set target for reducing the overall burden of EU regulation by the end of 2014Dec 2014In progress
    6. 8.6 Extend the right to request flexible working and develop a new system of shared parental leave
      TitleStartEndStatus
      8.6.i. Work with the Prime Minister‟s Childhood and Families Taskforce to develop proposals for a new system of shared parental leaveCompleted
      8.6.ii. Consult with business on shared parental leave and extension of flexible working to all employees alongside equal pay measuresMay 2011Sept 2011Completed
      8.6.iii. Analyse consultation responses and developed detailed plans on shared parental leave and the extension of flexible working to all employeesSept 2011Mar 2012Completed
    7. 8.7 Review BIS employment and workplace laws, for employers and employees, to ensure they maximise flexibility while protecting fairness and providing the competitive environment required for enterprise to thrive, working with other Departments
      TitleStartEndStatus
      8.7.i. Consult on workplace disputes and employment tribunal reform, working with the Ministry of JusticeCompleted
      8.7.ii. Publish the Government's response, working with the Ministry of Justice, on workplace disputes and employment tribunal reformDec 2011Dec 2011Completed
      8.7.iii. Frost / Black review of sickness absence underway, publish the Government's response, working with the Department for Work and PensionsMar 2012Completed
      8.7.iv. Publish timetable for review of employment legislationMay 2011May 2011Completed
      8.7.v. Publish a ministerial statement on proposals for the Government's workplace enforcement activitiesOct 2011Oct 2011Completed
      8.7.vi. Invite the Low Pay Commission to consider the best way to give business clarity on future levels of the national minimum wageMay 2011May 2011Completed
    8. 8.8 Phase out the Default Retirement Age to support flexible labour markets and fairness in the workplace to support economic growth, working with the Department for Work and Pensions
      TitleStartEndStatus
      8.8.i. Consult on phasing out the Default Retirement AgeCompleted
      8.8.ii. Develop and refine guidance for employers and individuals, working with ACASSept 2011Completed
      8.8.iii. Draft regulations to remove Default Retirement Age and lay them before ParliamentCompleted
      8.8.iv. Regulations to remove the default retirement age come into forceCompleted
      8.8.v. Complete phasing out of Default Retirement AgeOct 2011Completed
    9. 8.9 Ensure the UK has world-class corporate governance frameworks
      TitleStartEndStatus
      8.9.i. Undertake a comprehensive review of corporate governance and economic short- termism, including reviewing the range of factors that can be considered when takeovers are proposedMar 2012Completed
      8.9.ii. Publish interim review on corporate governance and economic short-termismCompleted
      8.9.iii. Develop and publish options to improve corporate accountability and transparency, including reinstatement of an Operating and Financial ReviewCompleted
      8.9.iv. Develop and publish a strategy to increase the number of women on the boards of listed companies in the UKCompleted
      8.9.v. Encourage the European Commission to include proposals to exempt medium sized companies from mandatory audit within the forthcoming Commission White PaperJan 2012Completed
      8.9.vi. Consult on bringing small company audit rules in line with the minimum requirements of the relevant EU DirectivesOct 2011Feb 2012Completed
      8.9.vii. New regulations come into force on bringing small company audit rules in line with the minimum requirements of the relevant EU Directives, subject to outcome of consultationOct 2012Oct 2012Yet to start
      8.9.viii. Consult on exempting unlisted companies from mandatory audits for subsidiary accounts, subject to conditions contained in 4th DirectiveOct 2011Feb 2012Completed
      8.9.ix. New regulations come into force on exempting unlisted companies from mandatory audits for subsidiary accounts, subject to conditions contained in 4th Directive and outcome of consultationOct 2012Oct 2012Yet to start
      8.9.x. Consult on materially simplified narrative reporting for quoted companiesJul 2011Dec 2011Completed
      8.9.xi. Publish 6 monthly report on progress in negotiating changes to European legislation to simplify reporting requirements for the smallest companiesDec 2012In progress
      8.9.xii. Report on work by BIS and the Financial Reporting Council with the professions, businesses and users of financial information to reinforce the principle that independent regulation and enforcement should focus on risk and outcome rather than processesMar 2012Mar 2012Completed
      8.9.xiii. Improve the guidance on businesslink.gov.uk to support business and social enterprise start-ups - in particular with respect to legal forms and ownership modelsJul 2011Completed
    10. 8.10 Enhance the support that the UK's intellectual property framework gives to entrepreneurialism, economic growth and social and commercial innovation
      TitleStartEndStatus
      8.10.i. Appoint an independent expert to lead a review to identify how to overcome barriers to growth in the intellectual property (IP) system, and to consider the role of the intellectual property framework in supporting new business models appropriate to the digital ageCompleted
      8.10.ii. Consult on options to address barriers to growth in the intellectual property systemCompleted
      8.10.iii. Publish result of the Hargreaves Review of IP and Growth and consultationApr 2011Overdue
      8.10.iv. Consider the Hargreaves Review recommendations, including simplifying payments for copyright materials and freeing up orphan works, and formulate government responseMay 2011Jun 2011Completed
      8.10.v. Publish a response to the Hargreaves Review that sets out the Government's implementation plans in detail and how implementation will contribute to future growthJun 2011Jun 2011Completed
      8.10.vi. Pilot launched on “peer to patent” systemCompleted
      8.10.vii. Run a pilot “peer to patent” system to support patent examination through community involvement, including working with the US “peer to patent” projectApr 2012Completed
      8.10.viii. Examine the cost and complexity to small and medium-sized enterprises of accessing intellectual property services to help them to protect and exploit intellectual propertyCompleted
    11. 8.11 Improve the UK’s International Approach to Intellectual Property, to benefit the UK economy, improve the international intellectual property system and facilitate worldwide innovation
      TitleStartEndStatus
      8.11.i. Scope and agree details of IP Attaché network in key economies, including China and India, to help UK businesses operating abroad to make the most of their intellectual propertyDec 2011Completed
      8.11.ii. Establish a network of IP Attachés in key economiesDec 2011Mar 2013In progress
      8.11.iii. Scope and prioritise policy goals at World Intellectual Property Organisation (WIPO) including policy on Investment and Coordination MechanismOct 2011Completed
      8.11.iv. Prioritise UK efforts in the WIPO with a key focus on Patent Cooperation Treaty reform, delivering improvements in access to copyright materials for the print disabled, and a treaty on designsJun 2011Dec 2015In progress
      8.11.v. Influence negotiations such that agreement is reached on EU Patent and Patent Court proposals in line with UK prioritiesMar 2016In progress
    12. 8.12 Establish a programme to improve the private sector response to the challenges of cyber security in support of the Government's cyber security agenda
    13. 8.13 Report back to the Prime Minister on work with other Government departments to support the development of Every Business Commits by overcoming the four barriers identified at the launch of the campaign: criminal records bureau checks and the vetting and barring scheme; professional indemnity and liability insurance; competition law; and rules around work placements
    14. 8.14 Work with Cabinet Office and HM Treasury to create a Public Data Corporation
  9. 9. Protect and empower consumers

    Actions

    1. 9.1 Introduce reforms to empower consumers through transparency of customer data and ease of feedback, and by improving information and advice
      TitleStartEndStatus
      9.1.i. Develop and publish a consumer empowerment strategy, drawing on the insights from behavioural economics and social psychology, including collective bargaining, data transparency, and customer serviceMar 2011Completed
      9.1.ii. Take forward strategy proposals to enable local people to bargain collectively to improve their purchasing power, improve the transparency of consumer data and ease of access, and enhance customer service in the public and private sectorsDec 2011Completed
      9.1.iii. Develop proposals to transfer information and advice functions to independent consumer bodies and local authoritiesSept 2011Completed
      9.1.iv. Implement Consumer Rights Directive and simplify existing consumer legislation in a Consumer Bill of RightsDec 2014In progress
    2. 9.2 Work with credit card companies so that they provide electronic statements to their customers that will allow them to compare the cost of their current deal with other companies
      TitleStartEndStatus
      9.2.i. Agree form and content of statementsCompleted
      9.2.ii. Review technical issues and announce timetable for implementationCompleted
      9.2.iii. Develop and implement pilot of electronic statementsDec 2011Completed
      9.2.iv. Electronic statements available nationally to customers of credit card companiesDec 2011Dec 2011Completed
    3. 9.3 Introduce stronger consumer protections
      TitleStartEndStatus
      9.3.i. Undertake a consultation and publish a joint review with HM Treasury of consumer credit and personal insolvency in the UK, including reviewing regulators' powers to define and ban excessive interest rates on credit and store cards a seven-day cooling-off period for store cardsJun 2011Completed
      9.3.ii. Develop measures to end unfair bank and financial transaction charges for consumersJun 2011Completed
      9.3.iii. Announce proposed package of measures on which voluntary agreement with banks will be soughtJul 2011Jul 2011Completed
      9.3.iv. Reach agreement with banks on a voluntary package of measures to end unfair bank and financial transaction charges for consumersJun 2011Dec 2011Completed
      9.3.v. Introduce a Groceries Code Adjudicator Bill to set up the Groceries Code Adjudicator to monitor and enforce the Groceries Supply Code of PracticeSept 2012Sept 2012Yet to start