| The "proper industrial strategy" being advocated by Theresa May faces some immediate tests. The first is climate change: carbon reduction destroys jobs and a "proper industrial strategy" will have to choose jobs over carbon reduction.
The second is the exchange rate, which has been ignored for decades, even though an over-valued currency can wipe out all the efforts of our companies to reduce prices by improving their productivity. In her Birmingham speech Mrs May said she wanted an energy policy that "emphasises the reliability of supply and lower costs for users", and she voiced her commitment to greater prosperity in which everyone shares...............................................Full Article: Source
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