Wider in scope and more ambitious in its reach, “After the Storm” is the acclaimed sequel to “The Storm” published after the financial crisis of 2008. Having spent the last 5 years as Business Secretary within the Coalition Government (2010-2015), Vince has the added clout of first-hand experience introducing economic policies that have steered us out of the storm, not least an industrial strategy.
His professed motivation for penning a sequel were to update readers on the state of Britain’s economy in “a climate of guarded optimism,” and to share his insights, no longer bound by collective responsibility as Secretary of State at the Department of Business Innovation and Science. Whilst the US and UK are expected to record 3% growth this year, Vince’s previous analysis of the underlying weaknesses still apply, such as UK’s over reliance on the banking sector and on the housing market for recovery and growth.