Former Labour leader said he was founding the new party, which is being referred to currently as Your Party

Business secretary Jonathan Reynolds blamed Donald Trump’s tariffs and competition from China for the slump in vehicle manufacturing.

He told BBC Breakfast he was “very concerned” about the industry, which he described as the “jewel in the crown” of British manufacturing.

I’m very concerned about automotive, the pressures on the system which come from the US trade agenda, but also an incredible increase in capacity from China.

It’s why as a government we’ve adopted so many measures specifically around the automotive sector.

The UK state pension is already one of the worst in the entire developed world, which is a direct result of decades of governments transferring both our national and personal wealth to the super rich.

Any decision to squeeze more out of working people by forcing us to work even longer would be a national disgrace.