For the first time in decades, Britain unveiled a 131-pages master industrial policy plan on Monday.
Margaret Thatcher eradicated the concept of an industrial policy in the name of laissez-faire economics in the early 1980s, but Theresa May is now reintroducing government intervention as part of a post-Brexit vision.
Amidst a chronic productivity crisis that predates Brexit, slowing growth as a result of Brexit, divestment, surging inflation, and declining real income, Theresa May’s government...
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