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<blockquote data-quote="Exfarmer" data-source="post: 7371272" data-attributes="member: 1951"><p>Actually you are wrong here. although many on the left like to think it is the case. The Uk engineering industry never recovered after the war. They were propped up by successive governments to try and prevent the catastrophic closures of factories which had never received any real investment since prewar times. New factories were built at the whim of government ministers to try and win votes in constituencies rather than consumer or industry demand. Small industries which could have benefited from support were instead merged with the large dying conglomerates or sold off to foreign investors cheaply. The government was at the limits of its borrowing propping up the coal and steel industry, I could go on. Thatcher inherited a diabolical mess which the public recognised could not continue and pulled the rug, but sadly this devastated not only the large inefficient state corporations , but also those small companies which had been swept into their fold. Some of these had been very forward thinking companies such as Vosper Thorneycroft, who were making warships at a good profit for sale across the world but were sacrificed to maintain ship yards on the Clyde some years earlier.</p><p>There are many small and medium companies who care working at the edge of Tech but they nearly all find the cost of production here is too great thanks to many issues but really anything to do with Thatcher, but lots to do with environmental controls minimum wages etc.</p></blockquote><p></p>
[QUOTE="Exfarmer, post: 7371272, member: 1951"] Actually you are wrong here. although many on the left like to think it is the case. The Uk engineering industry never recovered after the war. They were propped up by successive governments to try and prevent the catastrophic closures of factories which had never received any real investment since prewar times. New factories were built at the whim of government ministers to try and win votes in constituencies rather than consumer or industry demand. Small industries which could have benefited from support were instead merged with the large dying conglomerates or sold off to foreign investors cheaply. The government was at the limits of its borrowing propping up the coal and steel industry, I could go on. Thatcher inherited a diabolical mess which the public recognised could not continue and pulled the rug, but sadly this devastated not only the large inefficient state corporations , but also those small companies which had been swept into their fold. Some of these had been very forward thinking companies such as Vosper Thorneycroft, who were making warships at a good profit for sale across the world but were sacrificed to maintain ship yards on the Clyde some years earlier. There are many small and medium companies who care working at the edge of Tech but they nearly all find the cost of production here is too great thanks to many issues but really anything to do with Thatcher, but lots to do with environmental controls minimum wages etc. [/QUOTE]
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