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Why Britain needs a new kind of industrial revolution

With sterling topping an eye-watering $2 on the foreign exchange markets and further rises in interest rates likely after inflation nudged above 3 per cent, GM’s decision to produce the next generation Astra model at its Ellesmere Port plant and thereby safeguard (for now at least) 2,200 jobs represents something of a vote of confidence in UK manufacturing.

In fact, what’s left of UK’s car industry beyond GM is in pretty good shape (although not exactly making prof…

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