Mr Reynolds opened a Labour-led debate in the Commons by calling on ministers to “adopt an active industrial strategy to build the battery factory capacity needed to secure the automotive sector for decades to come”. “The absence of any coherent modern industrial strategy is hurting investment into the UK. The party claims its plans for the sector would create 80,000 jobs, power two million electric vehicles and add £30 billion to the UK’s economy. Labour MP Mike Amesbury (Weaver Vale) said manufacturers face a “cliff edge” in January, asking: “What’s the Government going to do about it? SNP Richard Thomson (Gordon) spoke of the “lack thereof” of an industrial strategy, arguing that Brexit was the “elephant in the room”.

Source: Ethiopian News July 12, 2023 14:25 UTC