FPT: If that were the case, then the industrial part of our economy should have boomed under EU membership, rather than shrivelling away, declining from 40% of GDP in 1970 to around 12% today. Fricti… (View Post)

Sadly true. Worked for Blair, though, didn't it? Spectacularly, if I recall. (View Post)

It is an open question as to whether it was industrial policy as is commonly understood (i.e. picking and favouring winning sectors and companies and protecting them) that worked in Germany, or micro… (View Post)

And, more generally, because he was a man who got just about everything wrong. I well remember his spiteful, pathetic and completely futile sniping against his successor during her Prime Ministership. (View Post)

To state the obvious, it has clearly been a very bad night for the Conservatives, though given the collapse in living standards over the last year, the Truss premiership, Sunak's lack of charism… (View Post)