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Apr 3, 2018

The Telegraph | We cannot call for free markets, then pull up the drawbridge when it suits us on April 3, 2018.

telegraph.co.uk

We cannot call for free markets, then pull up the drawbridge when it suits us


There has been a great deal of emotional noise around the new passport contract awarded to Gemalto by the Government, with patriotic chest beating. While, of course, it would be nice if the contract went to a British-registered firm, this is one of those scenarios where we do not want to have our cake and try to eat it. We cannot espouse free markets and look forward to being an outward-facing global Britain, and simultaneously pull up the drawbridge on government contracts to make what is essentially a paper document.
Possibly more important, though, is that no one has focused on whether De La Rue is financially suitable to do this passport contract for the next 10 years. It already makes all...