A former Conservative business secretary has described his successor Kwasi Kwarteng’s abandonment of a planned industrial strategy for the UK as “mystifying”.
Greg Clark said the government’s current lack of industrial policy was having “alarming consequences”, in the foreword of a report by the Centre for Social Justice (CSJ) think-tank published on Monday.
The former business secretary, who developed a 111-page industrial strategy while in office between 2016 and 2019, wrote that the aspects of this blueprint that had been implemented “proved to be beneficial”.
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