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In this episode, we discuss the government’s new Industrial Strategy and, in particular, its sector plan for professional and business services with Iain Wright, ICAEW Chief Policy and Communications Officer. Iain is Chair of the Professional and Business Services Council, which has worked closely with government in devising the final plans.
We also met speakers at ICAEW’s How to Fix VAT conference on 18 June 2025 to learn about the complexity of the UK’s VAT system and the obstacles to reforming the tax.
Those interested in sharing their views on the Industrial Strategy can contact Iain Wright by emailing iain.wright@icaew.com.
You can read the full transcript of this episode here.
Philippa Lamb
Natalie Chisholm
Episode first published: 8 July 2025
Podcast recorded: 1 July 2025
All views expressed on this podcast are those of the contributors and don’t necessarily reflect those of ICAEW or its members.
