Russell Group - Industrial Strategy Submission to the BEIS select committee

14 October 2016

• Russell Group universities are major contributors to the UK economy, generating positive effects right across the country – they are hubs for investment and jobs in their regions, delivering frontier research, high-level skills and cutting-edge innovation, as well as substantial social and cultural benefits.
• The strength and success of our world-leading higher education, science and research base are key drivers of growth and productivity for the UK, and universities should be integral to the formulation of the new Industrial Strategy.
• In addition to securing the best possible outcome for universities in the upcoming negotiations on our future relationship with the EU, domestic policy should be enhanced to maintain and develop the UK’s world-leading position in the global knowledge economy.