Industrial Policy in the United Kingdom

  • Geoffrey Denton
  • Seamus O’Cleireacain
  • Sally Ash
Part of the Trade Policy Research Centre book series


In this chapter a brief review of each phase of industrial and regional policy in the United Kingdom under the Macmillan, Douglas-Home, Wilson and Heath governments, concentrating on the period 1959–73, is followed by more detailed description of the various industrial support measures. These last are classified under the following headings:
  1. (a)
    Incentives to industry in general
    • Investment incentives

    • Selective employment tax

    • Industrial training

    • Assistance to research and development

  2. (b)
    Programmes intended to influence industrial structures
    • Industrial Reorganization Corporation

    • Industrial Expansion Act

  3. (c)

    Regional policies



Industrial Policy Development Area Public Subsidy Trade Effect Industrial Expansion 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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  1. 7.
    T. Stark, “The Corporation Tax and Incentives”, The Manchester School, Manchester, May 1966.Google Scholar
  2. 9.
    Nicholas Kaldor, Causes of the Slow Rate of Economic Growth in the United Kingdom (Cambridge: Cambridge University Press, 1966).Google Scholar
  3. 10.
    W. B. Reddaway, et al., Effects of the Selective Employment Tax, Occasional Paper No. 32 (Cambridge: Cambridge University Press, 1973), p. 170.Google Scholar

Copyright information

© Trade Policy Research Centre 1975

Authors and Affiliations

  • Geoffrey Denton
    • 1
  • Seamus O’Cleireacain
    • 2
  • Sally Ash
    • 1
  1. 1.University of ReadingUK
  2. 2.State University of New YorkUSA

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