The DTI has today announced a fundamental review of its operations to improve its effectiveness for business.
Trade and Industry Secretary Patricia Hewitt hopes an improved DTI will be able to help modernise the infrastructure of UK business as part of its “enterprise agenda”.
In a message to DTI staff, Hewitt outlined her plans to create an enterprise economy. She wants to take statutory action to make markets more dynamic and efficient whilst safeguarding standards of protection for employees, and deliver “first-rate” business support more effectively.
Hewitt also wants the business to be able to better harness scientific and technical advances.
“Just as the business world is changing fast to meet the huge challenges, so the DTI must change and adapt in order to realise our mission to help UK firms get to the future first,” said Hewitt.
“If we are to succeed in our aim of making the UK one of the best places in the world to do business, we must have the right policies and practices in place to help businesses turn new and innovative ideas and technology in to prosperity and jobs.”
Initial findings of the review are expected next autumn.