The government’s industrial strategy, published by Greg Clark, the business secretary, was attacked in a report published today by a cross-party committee of MPs

The government’s industrial strategy lacks cohesion and ambition and does not constitute a strategy, a powerful committee of MPs has concluded.

The withering commentary on the government’s green paper published in January was delivered by the business, energy and industrial strategy select committee. Business bodies lined up to back the MPs’ criticism.

In its report, the committee states: “So far there’s little evidence of the strategic framework or the co-ordination across government necessary to achieve ‘an economy that works for all’.”

The report derides the green paper as a reworking of the 2015 “productivity plan” entitled Fixing the Foundations, launched by the former chancellor George Osborne and the former business secretary Sajid Javid.

“[It] consists of a long list of policy interventions but lacks