Does the UK have an industrial policy? Such a question is likely to become more acute as the UK seeks to forge new priorities to compete in the post-Brexit world. An answer can be teased out of the recent £8bn hostile takeover bid for GKN, UK’s third largest engineering conglomerate specialising in automotive and aerospace components, by Melrose, a UK-based private equity-like investment company.
A financialised economy and weak trade unions mean record employment has done little to increase workers’ pay. Read here
The only amazing thing about this report is its portrayal of the current situation as something new. The EU was always extremely corrupt. Instead of embedding this article in the EU tradition of corruption, Politico […]