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  Mark - the statistics do not bear that out.
  
  During the 80's there was actually growth in private sector manufacturing while during the 'noughties' that fell. During the last lLabour government the big growth sector was the public sector and that has led to a lot of our current problems. Growth in financial services in the late 80's/90's was based on UK retails financial services which did bring up its own problems, as I know only too well, but it was the banking sector boom of the Brown days that laid the foundation of the banks problems
  
  The simple fact is that the previous Labour and indeed Conservative governments of the 60's and 70's set about keeping certain industries alive only through massive and unsustainable subsidy and it simply had to end. Mrs T cut their umbilicle cord and these industries had to modernise to survive but some had gone too far to do so. The real fault was not allowing the market to do its job in the previous decades. The Unions played a massive part in thie demise, no business could survive their activities, strikes and restrictive practices that prevented moderisation ensuring theu could not compete. Nevertheless, as I said earlier, there was actually growth in manufacturing during the 80's a fact that I admit did surprise me when I found out a few months ago.
  
  Alex - we have covered that. It is all about the global market for a job of that size, complexity and responsibility.

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