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

Author:   Douglas Hague ,  Geoffrey Wilkinson
Publisher:   Taylor & Francis Inc
ISBN:  

9780815369172


Pages:   332
Publication Date:   10 September 2019
Format:   Paperback
Availability:   In Print   Availability explained
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The IRC - An Experiment in Industrial Intervention: A History of the Industrial Reorganisation Corporation


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Overview

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.

Full Product Details

Author:   Douglas Hague ,  Geoffrey Wilkinson
Publisher:   Taylor & Francis Inc
Imprint:   Routledge
Weight:   0.725kg
ISBN:  

9780815369172


ISBN 10:   0815369174
Pages:   332
Publication Date:   10 September 2019
Audience:   College/higher education ,  General/trade ,  Tertiary & Higher Education ,  General
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

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

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Douglas Hague, Geoffrey Wilkinson

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