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Towards a new UK industrial strategy

Richard Davies and Anna Valero

CentrePiece - The magazine for economic performance from Centre for Economic Performance, LSE

Abstract: The regulation of business has been a rollercoaster ride for the UK over the past 20 years. Drawing on their work with the LSE Growth Commission, Anna Valero and Richard Davies outline an opportunity to build a new system based on transparency, independence and a long-term outlook. They note that stable policy frameworks are needed to stimulate business investment, but support for specific part s of the economy should not be restricted to high performance-high growth sectors. Industrial strategy should be given a new law or long-lasting mandate since the ultimate objective should be for it to be insulated from political cycles.

Keywords: UK industrial strategy; business regulation; UK economy (search for similar items in EconPapers)
Date: 2017-07
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