As Derby’s historic rail industry declines, it should look to Redcar for a model of letting go
Derby has been a place where rail locomotives and rolling stock have been built for the best part of two centuries. A manufacturing capability was developed in the early 1840s, barely a decade after Stephenson’s Rocket had ushered in the rail revolution in transport. But last week the managing director of Derby’s Alstom train-building plant announced […]
Britain’s car industry could weather a storm of tariffs better than you’d think
The latest American Economic Review contains a timely paper. Keith Head and Thierry Mayer, at the University of British Columbia and the Banque de France respectively, estimate the consequences of changes in tariff and non-tariff barriers to the car industry. They look at both US-led protectionism and Brexit, and calculate how these might change the […]
