British manufacturers have called on ministers to stop “flip-flopping” and urgently draw up an industrial strategy, warning the absence of a long-term plan is holding back growth and damaging the UK’s competitiveness.
The appeal by trade body Make UK highlights increasing frustration across industry at the lack of government efforts to help a crucial sector of the British economy ever since the decision to drop the last industrial strategy in March 2021.
“A lack of a proper, planned, industrial strategy is the UK’s Achilles heel,” said Stephen Phipson, the trade body’s chief executive, adding that the UK was the only major economy not to have one.
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