I've just been talking to the boss of Tata Steel in Wales. They're the biggest private sector employer in Wales and trying hard to expand, even though the economic climate is difficult.
Tata is a global company, so the Welsh plants aren't just competing with business rivals, they are competing internally with other parts of the firm. And the boss there, Jon Feriman, tells me they are at a "competitive disadvantage" with their rivals in Germany or France.
That's because, he says in part, because of the government's policies on energy.I ask him if the government has a policy for growing manufacturing, his answer, a simple, 'no'. See more of our interview on ITV News at 6.30pm.