An industrial strategy is welcome but this one focuses on the same failed solutions, says Nigel Wilcock The Institute of Economic Development (IED) faced the new year with a similar dilemma to many UK organisations in 2017. The decisions of 2016 were not the decisions that the IED leadership would have taken in the UK or the US, but organisations such as the IED which represent their members must move on and continue their work within the context of the new landscape rather than hark back to the past. As an organisation we were acutely aware that in summer 2016 no fewer than 11 government ministers had been summoned to give their input into an all-encompassing industrial strategy that was sufficiently important to be named in the title of the government’s Department for Business, Energy and Industrial Strategy. We had heralded this as good news and continue to believe that … (To read the full article, subscribe below)


Nigel Wilcock is executive director of the Institute of Economic Development (IED)