UK pitches new industry strategy as Brexit looms

London

BRITAIN pitched a new strategy for industry on Monday that sees greater state intervention to tackle weak productivity and to help the world's sixth largest economy cope with the upheaval of leaving the European Union (EU) .

Prime Minister Theresa May first flagged the plan in January, seven months after Britain voted to leave the EU, adopting a hands-on approach to business that had largely been abandoned by her predecessors from the time of Margaret Thatcher in the 1980s.