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The Conversation
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Phil Tomlinson, Professor of Industrial Strategy, Co-Director Centre for Governance, Regulation and Industrial Strategy (CGR&IS), University of Bath

The UK needs a new industrial strategy or it will lose the global green subsidy race

United States United Kingdom European Union Make UK WTO ESRC
Making industry greener -- and stronger petrmalinak/Shutterstock

UK businesses have criticised the government for the lack of a clear industrial policy. Industry body Make UK has warned the country “risks being squeezed” by US and EU green subsidy packages.

Outside the UK, industrial policy is back – and in a big way. Around the world, there has been a noticeable shift towards greater government intervention in the economy.

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