Andrew Griffith: Britain’s deindustrialisation is a national emergency
Andrew Griffith, the Shadow Secretary of State for Business and Trade, warns that Britain's deindustrialisation is a national emergency. He argues that government intervention in businesses like British Steel will exacerbate existing issues rather than solve them. Griffith emphasizes the need for a return to free market principles to revitalize the economy and prevent further job losses.
- ▪Andrew Griffith is the Shadow Secretary of State for Business and Trade and a former FTSE100 Finance Director.
- ▪He claims that the deindustrialisation of Britain is a national emergency that requires a return to free market principles.
- ▪Griffith criticizes the government's plan to nationalize British Steel, arguing it will lead to more job losses and economic inefficiencies.
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Andrew Griffith is the Shadow Secretary of State for Business and Trade, MP for Arundel and South Downs and a former FTSE100 Finance Director and COO. Governments should not run businesses. That is a truth almost universally acknowledged by Conservatives after the last time Ministers tried, and failed, to buck the realities of the free market. Back then Britain was trapped in the depths of the socialist 1970s. It was a time when the heavy hand of the state was the first port of call, when unions ruled the roost, and an indebted Britain almost went bust. As the Government gears up to nationalise British Steel again, that refrain sounds awfully familiar. When Labour ministers last ran British Steel, the odyssey culminated in over £1 billion worth of loses in a single year.
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