Poll results: Is Labour’s industrial strategy a hit or a miss?

Labour was no doubt hoping to make big noises with the announcement of its new industrial strategy at the first day of its party conference on Monday September 26. It’s unclear whether Kwasi Kwarteng’s ‘fiscal event’ of the previous Friday was intended to spook the markets in a manner that would overshadow any news from Starmer and his front bench, but as Labour delivered its plans for a greener future, Sterling’s decline had become the only story in town.

Events, as they say, dear boy. Regardless of the muted reception Labour’s industrial strategy inevitably received as the pound imploded in real-time, there was plenty of meat in the details. £8bn to be co-invested with private companies in the low-carbon economy as part of a ‘National Wealth Fund’. According to Labour, this would give taxpayers an ongoing financial stake in green projects including:

"What you will see in your town, in your city, under Labour is a sight we have not seen often enough in our country,” said shadow chancellor Rachel reeves.