It urges ministers to invest in manufacturing or face a decade of hardship leaving millions more worse off. The alert comes in the first report from the John Mills Institute for Prosperity, launched by the multimillionaire shopping channel tycoon and ex-Labour donor. His think tank aims to spark a revival in “left-behind” parts of the country, such as industrial heartlands and coastal towns. Otherwise, it fears living standards may be “significantly lower in 2030 than in 2019 – leaving today’s generations the worst off”. “This report offers an answer to the question of which way forward.”

Source: Daily Mirror May 17, 2020 19:00 UTC