The Budget

Problem is its the Bankers income, and the industries/shops etc etc they spend it in that has been keeping alot of people afloat.

Take the amount of shops that have shut in Fulham, primarily because they were dependant on bankers wives spending their partners cash. Them shutting has a knock on effect on all the service industries that supported them.

Thats the problem in the UK, we are all pretty much dependant on the trickle down from the finance industry. Until we diversify, and rebuild a strong manufacturing and skills base that isnt service industry related, we will always be dependant on the big boys making money, and spending it in the other sectors we work in.

Agreed, technology, science and engineering is just not respected or encouraged in this in country. Now with a massive cut in the science budget too the number of new companies coming from this sector will drop even more. The great thing is that the science budget was raided to pay for the support of the car comanies package late year, resulting in the loss of funding of large ares of science, especially, nuclear physics, an area which the government want to use to help reduce green house emissions. Joined up thinking.