Re: As some of us said at the time...
"It might be that other countries are subsidising the sector heavily, but throwing money into companies to make them "competitive" is a cost, not a benefit"
If there were a business advantage for a company to have fabs in the UK, there would be some. Government, no matter where, only has one tool in their box and that's to throw money at things. If they concentrated really hard before their 3 martini lunch, they might develop a new tool that can be used to analyze why there are no fabs in the UK and working on fixing those issues which might cost nothing at all.
In the US, top level politicians are tripping all over themselves to spend taxpayer money on EV charging stations. Going by the recent past for this type of thing, whatever they come up with will be rife with fraud and waste from the onset. A huge problem is when the charging companies have to deal with local government to get planning permission, permits and inspections. The red tape is akin to concertina wire and the locals are always adding to the barrier. The same goes for putting solar on your home. The compliance and permitting costs are a significant percentage of the build and the delays through inspectors showing their importance by nit-picking items or just not being able to visit sites in a timely manner to do their work adds endless costs.
The Tesla Shanghai plant was built in short order partially due to it being a government project (they hold the title) with full time inspectors on site checking and signing off work in real time so the next trade could come in and start their work without delay. If this show of urgency was implemented in other places, loads of money could be saved.