This should be combined with training, infrastructure and local economic plans “to support the creation of new globally competitive industry clusters in every part of the UK by 2030,” the commission said, drawing together businesses, universities and different levels of Government.
Covid has shaken up the global economy so much, reviving “economic nationalism” which threatens international supply chains, that Britain could even use a lead in technology and innovation to revitalise its manufacturing industries, Mr Allan said.
“If we strengthen our domestic supply chains and if we re-stimulate manufacturing for the domestic market, you can potentially service export markets as well,” he said.
“It may sound like turning the clock back, but it is necessary. There are great advantages if you have short domestic supply chains – you can be much more flexible and respond more quickly to changes in demand.”
The commission also recommended the development of a “prosperity scorecard” to set goals for levelling up, allowing governments, local authorities and voters to keep a track of GDP, health, education and other measures of progress in each area.
A Government spokesperson said: “Last year we launched new measures to promote new jobs and skills, tackle climate change and level up the UK, through procurement.
“We will soon set out ways in which potential suppliers should also support the government’s wider priorities, such as Covid recovery, tackling inequality and helping the environment.”