UK would gain from intelligent industrial policy

March 8, 2012

British politicians have long shied away from coherent long-term economic plans. But ad hoc decisions on technologies, infrastructure, immigration and banking are not good enough. Vince Cable, the business secretary, is right to call for a new vision.

EU tilt at UK SME bank grip a tall order

October 6, 2009

If Brussels is really planning to force Royal Bank of Scotland and Lloyds Banking Group to give up small business customers as part of the price for state aid they have received, it will be trying to break a cartel which has persisted despite the best efforts of the British government.