State Aid: Brexit, Bailouts and Corporate Bonanzas
Analysis28 Okt 2019

State Aid: Brexit, Bailouts and Corporate Bonanzas

When the steelworks at Redcar went bust in 2015 the government said it couldn’t bail out the company that ran the plant because of the EU’s state aid rules, which regulate how much money the government can give to businesses and industry. 1700 jobs were lost in the North East of England, which has the highest unemployment rate in the UK. Voices on the left and right say the state aid rules are holding Britain back from supporting its industry. Are they right? Does Brexit give Britain the chance to take back control of how it manages its industrial policy? Or do the state aid rules protect taxpayers from governments handing out large subsidies to big corporations? In this edition of Analysis, James Ball, global editor of the Bureau for Investigative Journalism, explores the EU’s state aid rules, how they affect our livelihoods, and what might happen if the UK decides to stop playing by the rules after Brexit.

Producer: Xavier Zapata Editor: Jasper Corbett

Interviewees: Brian Dennis, former Labour Councillor Mariana Mazzucato , Professor of Innovation and Public Value at University College London, author of the Entrepreneurial State and Founding Director of the UCL Institute for Innovation and Public Purpose Usha Haley, the W. Frank Barton Distinguished Chair in International Business at Wichita State University Nicole Robins, head of the state aid unit at Oxera Corri Hess , reporter for Wisconsin Public Radio Kenneth Thomas, Emeritus Professor of Political Science at The University of Missouri, St Louis George Peretz QC, Barrister at Monckton Chambers and co-chair of the UK State Aid Law Association Nicholas Crafts, Professor of Economic Historian at Sussex University

Episoder(389)

Has economic crisis put net-zero plans on the backburner?

Has economic crisis put net-zero plans on the backburner?

The UK has pledged to reach net-zero by 2050. But has a pandemic, the fallout from the war in Ukraine and now an economic crisis derailed our plans to decarbonise? Or have they provided an inflexion p...

13 Feb 202328min

Blaenau Ffestiniog and the Foundational Economy

Blaenau Ffestiniog and the Foundational Economy

In the search for stability and growth, policy and debate often focuses on looking for multi-million pound inward investment, or industries with big ideas such as technology and manufacturing. But the...

6 Feb 202328min

Can we ever really tackle rising public spending?

Can we ever really tackle rising public spending?

Last week, the government unveiled around £30bn worth of cuts to public services as it attempts to plug a fiscal hole. Governments have attempted to rein in spending in the past and struggled to do so...

21 Nov 202228min

Why do we assume women care?

Why do we assume women care?

In spite of progress on men's involvement in childcare the statistics show that women are still doing far more caring of young children. That is extended throughout life to the caring of ill and elder...

14 Nov 202228min

Economic Growth - can we ever have enough?

Economic Growth - can we ever have enough?

As the twin storms of economic turmoil and worsening climate change grip the UK and many other countries around the world, Analysis examines the future of economic growth. Does it offer a route out of...

7 Nov 202228min

Is 'Political Blackness' gone for good?

Is 'Political Blackness' gone for good?

Over the decades, a string of umbrella terms and acronyms have been used in the UK to describe people who aren’t white. “Politically Black”, Black, Asian, and Minority Ethnic (BAME), ethnic minorities...

31 Okt 202227min

Can Effective Altruism really change the world?

Can Effective Altruism really change the world?

If you want to do good in the world, should you be a doctor, or an aid worker? Or should you make a billion or two any way you can, and give it to good causes? Billionaire Sam Bankman-Fried argues thi...

24 Okt 202228min

How Xi Jinping did it

How Xi Jinping did it

Just over a decade ago, President Xi Jinping was a virtual unknown. Few would say that now. In ten years, he’s reworked the Chinese Communist party, the military and the government so that he’s firmly...

17 Okt 202229min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
i-retten
forklart
popradet
stopp-verden
det-store-bildet
dine-penger-pengeradet
rss-gukild-johaug
fotballpodden-2
nokon-ma-ga
bt-dokumentar-2
hanna-de-heldige
aftenbla-bla
chit-chat-med-helle
frokostshowet-pa-p5
rss-dannet-uten-piano
rss-ness
e24-podden