The regulation of business has been a rollercoaster ride for the UK over the past 20 years. Drawing on their work with the LSE Growth Commission, Anna Valero and Richard Davies outline an opportunity to build a new system based on transparency, independence and a long-term outlook. They note that stable policy frameworks are needed to stimulate business investment, but support for specific part s of the economy should not be restricted to high performance-high growth sectors. Industrial strategy should be given a new law or long-lasting mandate since the ultimate objective should be for it to be insulated from political cycles.

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Richard Davies and Anna Valero

3 July 2017     Paper Number CEPCP502

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This CentrePiece article is published under the centre's Growth programme.