London 31 October 2017: Lord Heseltine, Chairman of Haymarket Group, has published a 76-page pamphlet setting out why Britain must have an industrial strategy and what it should embrace.
Lord Heseltine’s document is a response to the Government’s Green Paper – Building our Industrial Strategy – published earlier this year.
His recommendations and calls to action are developed from his decades of experience as a successful businessman and then a Cabinet minister involved in many industrial and social developments of great significance in the UK. He also draws on his extensive knowledge of how governments and businesses in other countries work together.
In his preface, Lord Heseltine says: “I have come to see that there is an essential partnership between the public and private sectors upon which modern commerce and industry depend.
“In this document, I set out the many ways in which governments do intervene and, recognising that, ways in which the British Government could do so more effectively.
“My intention is not to improve the world-beating quality of many of our companies but to use that excellence as a stimulus to raise the standards of those that fall a good way behind.
“My most significant criticisms are reserved for the unwillingness of governments over many decades to recognise the inadequacy of their own centralised structure in galvanising the potential of the whole economy and the enthusiasm of all the people who contribute to it.”
INDUSTRIAL STRATEGY – A RESPONSE TO THE GOVERNMENT’S GREEN PAPER is available to download free at http://www.industrialstrategy2017lordheseltine.co.uk
Printed copies are available at https://www.themagazineshop.com/bookazines/industrial-strategy-by-michael-heseltine/