The day that Thatcher died

A very shortsighted view-- not unlike the arguments about RR in US whose policies are to blame for the current state of affairs. Instead of investing in new technology for factories she helped convert the UK to a services economy. The last plank of the UK economy is its parsitic banks....

You could also argue that she created a banking system that made us the financial capital of the world, and had the foresight to know that we needed such a sector to compensate for the inevitable decline of mass manufacturing in this country in the face of labour forces in the Far East we could never compete with.

On a side not the British car industry in now producing more cars than at any time in history, they just have a Nissan badge on the bonnet. Hardly a decline in that sector.