Quote: DaveO "The bottom line is out manufacturing output has fallen since the 70's from 5th to 9th and contrary to popular belief it isn't just in comparison to emerging economies such as China but against comparable European ones.'"
really? are you reading the right data. from the link YOU provided?
UK France
1970 5th 7th
1980 7th 5th
1990 6th 7th
2000 5th 7th
2010 9th 8th
because, what that looks like to me, y'know, your figures, is that the hit the fan in the 70's, the tories to improve our lot only for labour to balls it up. so, when people spout on about how thatcher destroyed our manufacturing industry, are they just misinformed or just outright liars.