Market views: Government interference

Peter Le Beau, Protection Review I think it is naive of the industry to expect explicit help from the government. Every industry lobbies ferociously on its own behalf and thinks it has a special case which the government needs to consider. In reality, if the government, (especially one under the economic pressure like this one is), is going to offer concessions in the way of tax relief or explicit financial engineering there has to be a very strong case for doing so. Has the fragmented, largely passionless protection industry set out such a case consistently for several years, or have ...