Another bump in the road

Article Abstract:

The head of the British department of trade and industry (DTI), Stepehn Byers, has been blamed for the sale of Rover by BMW, which is likely to mean job losses. Byers argues that the government cannot dictate to multinationals on commercial decisions. The ruling Labor party has stated a commitment to free markets, yet also sought a European Union grant for the Rover car plant, and may back a consortium seeking to buy the plant and continue production.

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The presidential campaign

Article Abstract:

The political influence of Michael Heseltine in Tory Party circles appears to be waning. However, Heseltine and his Department of Trade and Industry (DTI) will wield great power over the UK's emerging Europe-oriented industrial policy.

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Post-Fordism

Article Abstract:

Old industries are declining in Britain, and subsidies for the coal industry and other activities in decline are not beneficial. New industries are developing and the government should not panic at job losses from old activities.

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