Group led by Bank of England economist ditched in favour of government’s ‘plan for growth’trade leaders have criticised Kwasi Kwarteng,the trade secretary, for shutting down the Industrial Strategy Council, and the government’s in-house thinktank plotting the regeneration of Britain’s tough-pressed regions.
The decision to disband the council,which was led by the Bank of England’s chief economist, Andy Haldane, and was called a “sad and execrable” decision by Matthew Taylor,the chief executive of the Royal Society for Arts, Manufactures and Commerce.
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Source: theguardian.com