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May Revives Industrial Policy as Britain Looks Toward Brexit

Prime Minister Theresa May on Tuesday kickstarted her bid to reshape the British economy for a post-Brexit world, reviving the once unfashionable concept of industrial policy 30 years after Margaret Thatcher killed it off. May chaired the first meeting of the Cabinet Committee on Economy and Industrial Strategy in her Downing Street offices, bringing together the heads of 11 other ministries to set out her vision for a state-boosted industrial renaissance. "The prime minister...

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