Oil

Mark Littlewood features in City AM

Mark Littlewood, Director General at the IEA, has featured in CityAM in response to Theresa’s May’s plan for an industrial strategy.

In her reshuffle yesterday, May announced a new government department: the Department of Business, Energy and Industrial Strategy which will replace the Departments of Buiness Innovation and Skill and the Department of Energy and Climate Change. Mark states that this department is likely to engage in a lot of central planning but there is no evidence, in theory or in practise, to show that such government strategy ever yields the desired results.

You can read the full article here