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State aid remains a slippery slope with private capital willing to invest
source link: https://www.telegraph.co.uk/business/2021/07/04/state-aid-remains-slippery-slope-private-capital-willing-invest/
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State aid remains a slippery slope with private capital willing to invest
Kwarteng’s commitment to ‘back new and emerging industries’ creates dangers as well as opportunities
4 July 2021 • 7:00pm
We may never know how much of Nissan's decision to invest in Britain was influenced by support from the taxpayer
Credit: Getty
The Government is delivering on another Brexit pledge. Kwasi Kwarteng’s Department for Business, Energy and Industrial Strategy has unveiled a new subsidy framework which takes back control from Brussels. The UK will break free from the EU’s bureaucratic state aid regime, allowing our government to provide quicker and more flexible support to UK businesses....
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