New business strategy good news for Norwich

Science and innovation will be at the heart of Britain’s industrial strategy throughout the Brexit negotiations. This was the commitment by Jo Johnson, Minister for Universities, Science, Research and Innovation, in response to a Parliamentary Question by Norwich MP Chloe Smith. The Minister added that financial services will also play an important role as part of the wider services sector.

 

Chloe used a Parliamentary Question this week to ask that the Government use the negotiations on our exit from the EU to enhance and promote British strengths in financial services, science and the digital, creative, cultural and tourism sectors, all of which are particularly important to the Norwich economy.

 

Commenting on the Minister’s Response, Chloe said:

 

“I welcome the Minister’s pledge to prioritise science and innovation, which is great news for Norwich. Thousands of jobs in our city depend on financial services, science, digital and tech. We also have a thriving cultural scene and growing tourism industry. This means we need to be an outward-looking country, and to use this an opportunity to forge new relationships with Europe and across the globe.”

 

As MP for Norwich North, Chloe has been an advocate for new innovation, hosting events in Parliament to allow Norwich tech firms to network with the City of London, and keynote speaking for an event at the Norwich Research Park on inspiring young women to pursue a career in engineering.