UK’s new industrial strategy shows welcome signs of pragmatism. But the watchdog must have teeth | Nils Pratley

UK’s new industrial strategy shows welcome signs of pragmatism. But the watchdog must have teeth | Nils Pratley

Rachel Reeves’s green paper seems to take policy more seriously than Tory predecessors Industrial strategies were not a big thing in the UK from the 1980s until the great financial crisis of 2008-09. Since then, these supposedly long-term plans have arrived at infuriatingly short intervals. The UK has had 10 industrial strategies, growth plans or…