Donald MacKay, CEO of XA Global Trade Advisors, says the government’s attempts to boss the economy have brought it to a point where it “feels almost unfixable”.

“It is terrifying to see the state the economy is in,” says MacKay, whose company has released a report on the costs to industry of trade, industry & competition minister Ebrahim Patel’s tariff policy and, more specifically, his “tardiness” in making critical customs duty decisions which have enormous investment implications...

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