Abstract

The United Kingdom's economy is relatively highly concentrated and the importance of decisions taken by very large firms for the economy as a whole encourages direct contacts between government and such firms. The scale and importance of such direct contacts has created a need within very large firms for a specialized capability to interpret the external political environment, and to relate that appreciation to the development of the firm's corporate strategy. A number of large firms in the United Kingdom have developed specialized government relations divisions in the last ten years. The titles of such divisions vary, but their most important function is the strategic co-ordination of the firm's relationships with government and other political actors.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.