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The industrial strategy will provide certainty for business

Debates about big or small government belong in the past; being agile enough to seize future chances is what matters

The writer is UK prime minister

The world has entered a new economic era. In many ways it is more dangerous, with growing threats to our security. But it is also a world of enormous possibility. Technological advances in life sciences, clean energy, artificial intelligence and more, are profoundly reshaping our economy.

It’s a golden opportunity. We can harness these great forces and use them to make our economy both fairer and stronger. The race is undeniably on, but Britain is well positioned to win. Our finance industry, universities and scientific institutions are all world-leading. Our legal system sets global standards. We have a heritage steeped in commerce and enterprise. And with our recent hat-trick of trade deals — with India, the US and EU — we have restored our identity as the global champion for free trade. A signal of defiance, that even as the world becomes more volatile, Britain is unashamedly open for business. And that years of chaos are now firmly in the past.

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