UK has lacked coherent economic strategy for years, thinktank finds

Trade has been hit by Brexit, while the number in poverty has risen sharply in a country ill-prepared for the future

• British workers missing out on 10,700 a year as living standards fall

For years the British government from the prime minister down has lacked a coherent economic strategy, according to a thinktank's health check of UK prospects.

We are not on course towards setting any such strategy - indeed, we are not serious about the task," says the report, titled Ending Stagnation - a new economic strategy for Britain".