Offering a detailed overview of state involvement in the rationalisation and reorganisation of British industry between the wars, this is the first work to address the issues in a comprehensive manner for over 50 years. Utilising a range of primary source material (including papers from the PRO, the Bank of England, the Federation of British Industry and various private archives), Julian Greaves has combined a selection of detailed case studies of selected industries with a broader overview of the national political and industrial situation. The resulting work, which manages to balance analytical depth with breadth of coverage, argues that despite numerous problems and limitations, 1930s' industrial reorganisation policy was reasonably successful in meeting the limited aims of the government.