The IRC - An Experiment in Industrial Intervention: A History of the Industrial Reorganisation Corporation...

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Douglas Hague Geoffrey Wilkinson

The IRC - An Experiment in Industrial Intervention

A History of the Industrial Reorganisation Corporation

Douglas Hague, Geoffrey Wilkinson

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English

Routledge
17 January 2018

Socialism & left-of-centre democratic ideologies; Economics of industrial organisation; Ownership & organisation of enterprises

Series: Routledge Library Editions: Industrial Economics

The Industrial Reorganisation Corporation was created by a Labour Government in 1966 and dissolved by the incoming Conservative Government in 1971. It might have faded into oblivion had it not been for the controversy generated by its highly unusual constitution which gave control of public spending to private sector industrialists and bankers. The IRC used both its influence and its cash to direct or even to thwart market forces in the ‘national interest’. It was involved in the key industrial issues of the time, such as the mergers of GEC-AEI-English Electric and the formation of British Leyland. It defeated Rank in its bid to take over Cambridge Instruments, and stopped the Swedish SKF from buying the UK’s leading ball-bearing manufacturer. It also moved towards a development bank role, and its small executive team went on to play further leading roles in UK business. This book, first published in 1983, provides the first comprehensive analysis of the IRC.

By: Douglas Hague, Geoffrey Wilkinson
Imprint: Routledge
Country of Publication: United States
Volume: 15
Dimensions: Height: 234mm, Width: 156mm,
Weight: 453g
ISBN: 9780815369097
ISBN 10: 0815369093
Series: Routledge Library Editions: Industrial Economics
Pages: 332
Publication Date: 17 January 2018
Audience: College/higher education , General/trade , Primary , ELT Advanced
Format: Hardback
Publisher's Status: Active

Part 1. The IRC 1. The Origins of the IRC 2. The Structure and Powers of the IRC 3. The IRC at Work Part 2. Mergers and Industrial Restructuring 4. GEC, AEI AND EE 5. Rank, Kent and Cambridge 6. The Ball-Bearing Industry 7. The British Motor Holdings-Leyland Merger 8. Machine Tools 9. The Plant Makers – Big Ideas and Small Deals Part 3. Rescues and Restorations 10. The Plant Makers – Whessoe 11. The Plant Makers – Davy Ashmore 12. Rolls-Royce 13. Cammell Laird The IRC’s Contribution 14. Review and Appraisal

Douglas Hague, Geoffrey Wilkinson