Mark Kleinman: Joined-up government? Not on this evidence
Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his City AM column. Joined-up government? Not on this evidence How about this for joined-up government? The chancellor of the exchequer until a couple of months ago corralled the City this year into an expensive industry-funded campaign to promote the virtues [...]
Mark Kleinman, Sky News' City editor, highlights the lack of joined-up government in his City AM column. He points to the disparity between the previous chancellor's efforts to promote stock market investment and the current administration's proposal to abolish annual votes on directors' pay. Kleinman argues that these moves could lead to poorer decision-making and corporate failure.
He also criticizes South East Water's decision to abandon a £200m bond issue, attributing it to the political and regulatory risks associated with the water industry. Lastly, Kleinman discusses the competition for the £1bn Scale-Up Fund, noting that tech industry figures have expressed concerns about the inclusion of big City institutions on the shortlist.
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