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Abstract

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

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Notes

  1. T. Stark, “The Corporation Tax and Incentives”, The Manchester School, Manchester, May 1966.

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  2. Nicholas Kaldor, Causes of the Slow Rate of Economic Growth in the United Kingdom (Cambridge: Cambridge University Press, 1966).

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  3. W. B. Reddaway, et al., Effects of the Selective Employment Tax, Occasional Paper No. 32 (Cambridge: Cambridge University Press, 1973), p. 170.

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© 1975 Trade Policy Research Centre

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Denton, G., O’Cleireacain, S., Ash, S. (1975). Industrial Policy in the United Kingdom. In: Trade Effects of Public Subsidies to Private Enterprise. Trade Policy Research Centre. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-02262-5_2

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