News Categories: RSA Brexit

The Business and Energy Secretary has announced that government is backing 125 cutting-edge research and development projects across the country.  

The Industrial Communities Alliance’s priorities for the UK Industrial Strategy Industrial Communities Alliance_industrial_strategy

Chapter forthcoming in: David Bailey and Leslie Budd (eds.), The Political Economy of Brexit. Agenda Publishing. Bailey De Propris What does Brexit mean for UK automotive and industrial policy

HM Government’s ’10 Pillars’ industrial-strategy-10-pillars

“We want to build an industrial strategy that addresses long-term challenges to the UK economy. Our aim is to improve living standards and economic growth by increasing productivity and driving growth across the whole country. This green paper sets out our approach and some early actions we have committed to take. It is not intended […]

Over the long term (i.e. 10+ years), most economists predict that the decision to leave the EU will have a negative impact on trade, labour mobility and investment. To date studies have concentrated on the UK as a whole. At the same time, they have tended to focus on the aggregate economic impact, with little […]

Prime Minister Theresa May set out the Plan for Britain, including the 12 priorities that the UK government will use to negotiate Brexit.

At a national level, the referendum debate is boiling down to a trade-off: lower immigration by leaving, or secure the economy by remaining. But for eurosceptic regions that trade-off does not exist: by voting to leave the EU, the denizens of these regions would shrink immigration to London and other cities – while hurting their […]

Prime Minister Theresa May spoke at the CBI annual conference to set out her vision for UK business including a modern Industrial Strategy.

At the Lord Mayor’s Banquet, Prime Minister Theresa May laid out her plan for how Britain can lead in the transformed modern world.

The government has pledged that it will develop an industrial strategy. Now it is trying to decide exactly what that means and how best to do it. Crafting an industrial strategy is tricky at the best of times, but in the UK the process is complicated by history. Whatever strategy is chosen needs not only […]

Business support policies designed to raise employment and productivity are ubiquitous around the world. We exploit changes in the area-specific eligibility criteria for a major program to support jobs through investment subsidies. Pan-European state aid rules determine whether a sub-national geographical area is eligible for subsidies, and we construct instrumental variables for area (and plant) […]

After the political earthquakes of June and July, August has given Whitehall’s politicians and civil servants some breathing space to work out what their to-do list will be over the next year. Leaving the EU aside, for the revamped Department for Business, Energy and Industrial Strategy there’s a huge, and potentially very significant task of […]

Industrial policies have played an important role in successful development. Through these policies, governments intervene in the market’s sectoral allocation of resources and choice of technologies. Earlier industrial policies had a narrow remit and made use of a limited number of instruments. This paper argues that they should pursue broader objectives with a wider range […]

Virtually as she stepped into Number 10, Prime Minister Theresa May indicated a new attitude of the UK’s Conservative government towards manufacturing and industrial policy. It was a welcome shift from a party who have consistently undermined British manufacturing communities like my own in the last 40 years. Now there is an opportunity to put […]

So yet again a UK parliamentary select committee is asking “do we need an industrial strategy?”. They have asked this many times before and the answer has tended to be ‘yes’. Reflecting the research and views of Harvard economics professor and expert on international development Dani Rodrik – the real question about industrial policy is […]

Few doubt that Brexit poses some immense challenges for the British economy. But for a government that professes to want an economy that ‘works for everyone’ there is possibly one encouraging factor: Brexit seems likely to help re-balance the economy. This note asks what Brexit implies for different parts of the UK and suggests two […]

Post Brexit, the ensuing lack of EU agricultural subsidies will have a detrimental effect on the less developed regions of the UK, potentially more so than the end to EU regional development funds that have been benefiting already fairly well-functioning constituencies. In this piece Riccardo Crescenzi and Mara Giua explain the (un)intended consequences of Brexit in this regard

In the heated debate on the economic impact of a possible UK withdrawal from the EU, relatively little attention has been given to the implications for the individual nations and regions of the UK. Yet, as a new paper by John Bachtler and Iain Begg reports, the impact of a Brexit is likely to be […]

The argument should be about the best way the state can help drive growth, writes Mariana Mazzucato

Britain’s automotive industry has been one of the ‘star performers’ of the UK economy in recent years, and is seen as having benefited from EU membership, for example in terms of access to the single market and hiring skilled staff from Europe. So what might Brexit mean for the sector, and in turn for industrial […]

Theresa May is drawing up plans to develop an industrial strategy for the UK and to change an “anything goes” business culture. Good. There is a lot that needs fixing. The prime minister is not the first leader to make such promises. Here are the do’s and don’ts her government should consider, based on experience […]

Greg Clark, Business and Energy Secretary speaking at the 2016 Conservative Party Conference at The ICC, Birmingham.