In November 2017, UK Prime Minister Theresa May turned the page on the Thatcher era by establishing an industrial strategy with companies, which would seek to boost the country’s economy and improve its weak level of productivity (see article n°10468). Twelve months later, and following the signing of six sector deals, the Confederation of British Industry remains supportive of the new political approach but is demanding more action with Brexit on the horizon.
“A year on, and we have made progress in delivering the long-term vision and strategy (…). But with just over 100 days to Brexit now, more than ever, we need a renewed pace and fresh impetus from government.” That is how John Allan, president of the CBI, assessed the industrial strategy established one year ago by the conservative government. It is an indication that bosses are behind the strategy but are expecting more. With the UK’s exit from the European Union now only a matter of months awa
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