‘Industry’ Recap: A Masterpiece Homage to Gothic Horror


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This article discusses, in detail, the events of Industry Season 4, Episode 2.

Industry creators Mickey Down and Konrad Kay have, over the course of four seasons, upgraded their HBO drama about young finance employees in London from smart soap to somehow-even-more-entertaining laboratory for the dissection of capitalism. While Season 3 mixed beakers labeled ethics and money, with explosive results, this year’s arc puts love and sex under the profit-motive microscope. If there was ever any doubt that Down and Kay were bearish on the combination, it was dispelled within the opening scenes of the premiere, which paired characters played by two famous former child actors—Kiernan Shipka, a.k.a. Mad Men’s Sally Draper, and Stranger Things Charlie Heaton—for a tawdry, deceptive, disastrous hookup. Industry is where innocence goes to die, choked out in bed by various personifications of greed.

In keeping with that central theme, the season has a cast now entirely liberated from the Pierpoint & Co. trading floor circling a payment processing startup called Tender as it cuts ties with an OnlyFans-esque platform, Siren, in a play to become a mainstream “bank killer.” But in its second episode, which aired on Sunday—and is, in my estimation, the show’s greatest hour yet—Industry takes a detour from the London rat race. From the entry-level pairing of Shipka’s Type A executive assistant character and Heaton’s sweaty finance reporter, we ascend the class ladder to the country estate of Sir Henry Muck (Kit Harington) and his bride, the disgraced heiress and Pierpoint castoff formerly known as Yasmin Kara-Hanani (Marisa Abela). Down and Kay, who directed as well as wrote the episode, make inspired use of this setting as a backdrop for a contemporary reimagining of Gothic tropes that makes Saltburn look lazy. (It is!)

From left: Marisa Abela, Kit Harington, and Andrew Havill in Industry Season 4, Episode 2 Simon Ridgway—HBO

Titled “The Commander and the…

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