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Towards a new UK industrial strategy

Author

Listed:
  • Richard Davies
  • Anna Valero

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.

Suggested Citation

  • Richard Davies & Anna Valero, 2017. "Towards a new UK industrial strategy," CentrePiece - The magazine for economic performance 502, Centre for Economic Performance, LSE.
  • Handle: RePEc:cep:cepcnp:502
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    File URL: https://cep.lse.ac.uk/pubs/download/cp502.pdf
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    Keywords

    UK industrial strategy; business regulation; UK economy;
    All these keywords.

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