A strategic view

Is nothing better than industrial strategy? Former business secretary, Sir Vince Cable, charts the course of UK policy from backing no one to promoting potential.

Speaking the day after prime minister Teresa May unveiled her new industrial strategy, a London gathering of economists heard a former chief economist with petrochemical giant, Shell, offer his take on how major industry does strategy; how politicians have approached it; and how little has changed.

The former Shell man, Sir Vince Cable – better known as the man responsible for industrial strategy under the Coalition government – focused his presentation on those early moves towards a

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