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May did make some noises about developing an industrial policy/strategy when she first became PM, but little has been heard of this since. Au Contraire all the signs are that the UK will double down on a rentier model, attracting hot money from dodgy regimes and Oligrachs all over the place, and engaging in regulatory arbitrage to keep the rich happy - a sort of Giant sized Jersey.

Speaking of which, has anyone heard anything about what will happen to jersey and it's extraordinarily privileged position post Brexit? Brexit seems like a good opportunity to wipe out some tax havens like Jersey, Isle of Man, Gibraltar etc. They make even Ireland look like a model of tax probity.

Index of Frank's Diaries

by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Wed Nov 8th, 2017 at 12:09:37 PM EST
[ Parent ]
UK staked a claim in "Future customs arrangements, a future partnership paper" that The Crown Dependencies and Overseas Territories are not members of the EU Customs Union.
archived:Wed Aug 16th, 2017

Accordingly, Apple, for example, moved some its off-shore cash from Ireland to Jersey. This event came to light recently in disclosure of "Paradise Papers".
Apple used Jersey for new tax haven after Ireland crackdown, Paradise Papers reveal

UK finance market regulation has always been a joke. BREXIT portends greater difficulties for EU enforcement of its modest campaign to choke tax evasion and avoidance worldwide.

Diversity is the key to economic and political evolution.

by Cat on Wed Nov 8th, 2017 at 04:03:07 PM EST
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