-
Theresa May’s industrial plan signals shift to more state intervention
Theresa May will signal an era of greater state intervention in the economy as she launches her industrial strategy with a promise of “sector deals”, a new system of technical education and better infrastructure. The prime minister will publish the strategy at a cabinet meeting in the north-west of England, setting out five sectors that could receive special government support: life sciences, low-carbon-emission vehicles, industrial digitalisation, creative industries and nuclear. She will say the government would be prepared to deregulate, help with trade deals or create new institutions to boost skills or ... (full story)