“Most national governments now understand that a strong domestic manufacturing base is absolutely essential to building the resilience and sovereign independence that a country requires to survive in this new age of authoritarianism.
“An industrial strategy is nowhere to be seen. The Prime Minister and his Chancellor seem trapped in a bygone era, blind to the reality of the world around them, with Sunak openly speaking out against the idea of subsidising British industry, having already scrubbed the words ‘industrial strategy’ out of the Business department.”
In a speech in Washington in May, Ms Reeves said: “Globalisation as we know it is dead… We must care about where things are made and who owns them.