It is good for businesses and is therefore good for the country as a whole. But of course the Government has also to foster the right economic climate to enable businesses and individuals to plan for the long term. The Government's economic approach 27. The world has been transformed over the last few years. We live in a global economy.
Industries typically span geographical and political boundaries.
No country can go it alone. Our objective is to ensure Britain is equipped to rise to the challenge of the world's new and fast changing economies. We are determined that this country, the first industrial nation, should be ready and equipped to seize the opportunities and a new global economy where its skills creativity and adaptability will mark us out. And there is a new confidence in Britain today. It's not the job of the Government to pick winners or to second guess management.