Scrapping of industrial strategy shows government commitment is waning, MPs warn

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Damning backbench report questions ministers’ commitment to long-term challenges

The cancellation of the government’s industrial strategy will make it harder for businesses to tackle long-term challenges such as achieving net zero and improving productivity, MPs have warned.

In a damning report, MPs on the cross-party business, energy and industrial strategy committee said that the government’s commitment to a coordinated industrial policy that can withstand independent scrutiny had “waned”.

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