Great Britain: Theresa May’s industrial plan underlines shift to more state intervention

Firmly focused on preparing for the post-Brexit era, on 23 January the UK government confirmed its intention to turn the Thatcher page and strengthen ties between the State and business. To this end the Prime Minister has promised ‘sector deals’ where certain sectors can benefit from government support along the lines of the automotive and aerospace model.
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On 23 January Theresa May presented published a ‘green paper‘ for a modern industrial strategy that looks to encourage “businesses to strike new ‘Sector Deals’, driven by the interests of firms and the people they employ, to address sector-specific challenges and opportunities.” The relevant sectors will have to organize themselves (goals and criteria) and in return norms could be made less stringent and the government could help with trade deals and with setting up education establishments. Fi

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