The business and trade secretary played into the ideological tosh that the wonders of the Industrial Revolution were funded by beer brewers and sheep farmersBritain ran an empire for centuries that at its peak 100 years ago occupied just under a quarter of the world’s land area. Yet if you believe “Imperial Measurement”, a report released last week from the rightwing Institute of Economic Affairs (IEA), the net economic impact of this vast empire on Britain was negligible, even negative.If you... Read this story
