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2010-11-15 Britain
Britain's industrial decline
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Posted by Fred 2010-11-15 00:00|| || Front Page|| [6 views ]  Top

#1 The 'collapse' preceded Maggie Thatcher. What Thatcher did was to end their protected and subsidized existence and consequently shift productive resources into growth industries like financial services.
Posted by phil_b 2010-11-15 09:05||   2010-11-15 09:05|| Front Page Top

#2 Time was when Britain was a leading manufacturer of cars, and Coventry - where many of the factories were located - was the nation's pride.

Really? In the late 60s both the Germans and Japanese gained a sufficient foothold in America which they would go on to exploit after the Arab Oil embargo that would propel their products into a larger share of the market. Where were the British? Something about quality control and reputation thereof?
Posted by Procopius2k 2010-11-15 09:44||   2010-11-15 09:44|| Front Page Top

#3 The Prince of Darkness was unavailable for comment.
Posted by Pappy 2010-11-15 21:32||   2010-11-15 21:32|| Front Page Top

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