Sunday August 9, 2020

Between Brexit and Corbyn, British business is staring into the abyss

Voters face a stark choice in the forthcoming election between the reactionary Brexit of the Tories or the socialism of Labour. And business leaders seem powerless in the face of an impending disaster

24th November, 2019
London Bridge: Britain’s once powerful businesses seem unable to rally against the onslaughts coming from left or right (Pic: Bloomberg)

Any day now – perhaps before Christmas, or early in the new year – the British economy could be on course for its most transformative moment since the heyday of Margaret Thatcher in the 1980s. This is likely to happen regardless of whether the Conservatives or Labour win the British general election on December 12.

The Thatcher moment – a blizzard of privatisation, trade union reform and the scrapping of restrictive practices in the City of...

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