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A new industrial strategy sets out how the UK can strengthen its position as a global leader in professional and business services

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  • New industrial strategy promotes growth of UK’s largest sector
  • UK Trade & Investment to lead trade missions for Professional and Business Services
  • Senior business leaders to promote UK plc overseas
  • Higher Apprenticeships in sector to treble to 10,000 per year in drive to boost skills and create new non-graduate routes into sector.

A new industrial strategy published today sets out how the UK can strengthen its position as a global leader in professional and business services (PBS). The sector is one of Britain’s foremost success stories employing four million people and is worth more than £150 billion to the UK economy, contributing 11 per cent of GDP.

The strategy has been produced in partnership by government and businesses in areas like advertising, accountancy, legal services, management consultancy and recruitment. It is the latest step in the government’s industrial strategy and follows the recent launch of strategies for construction, aerospace and nuclear power and other key sectors to secure sustainable future growth in the economy.

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