Economic Strategy Bill [HL]

A Bill to make provision for the support of the United Kingdom’s business sector; and the development of an industrial and retail strategy.

Originating House

House of Lords

Last Updated

2 May 2017

In Plain English

AI-generated

The Economic Strategy Bill aims to set up a formal framework to support the United Kingdom’s business sector and to develop national strategies for industry and retail. It would prompt government action to strengthen industry, improve productivity, and guide investment in transport and technology.

Key Points

Creates a formal framework for government support to businesses across the UK
Requires development of a national industrial strategy and a national retail strategy
Focuses on transport and technology to boost growth, efficiency and innovation
May include mechanisms for monitoring progress and reporting on impact

Progress

The Bill is currently at the 2nd reading in the House of Lords and will progress to the next stages before potential passage to the House of Commons.

Who is affected?

Businesses of all sizes across the UK (manufacturing, retail, tech, services)Industrial sector workers and employersRetail sector workers and employersTechnology firms and start-upsTransport and logistics companiesLocal economies and consumers who rely on industry and retail sectors

Generated 21 February 2026

Updates & Documents

News (1)

News - Economic Strategy

1 Jan 1970

First reading took place on 14 June. This stage is a formality that signals the start of the Bill's journey through the Lords.

Second reading - the general debate on all aspects of the Bill - is yet to be scheduled.

The 2016-2017 session of Parliament has prorogued and this Bill will make no further progress.

Documents (1)

HL Bill 51 (as introduced)

BillLords

14 Jun 2016

Parliamentary Votes (0)

No recorded votes for this bill yet.

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