Cobblers

A confused mess of assumptions. An increase in bottom-line value shows a causal link to higher volumes? Oh please, spare us.

The landscape has changed, yes. The UK doesn't make heavy manufactured goods or consumer goods. It's just economics no point in getting upset about it. No British cars, locomotives, ships, aeroplanes or plant.

There is a thriving export trade in high-value luxury goods and low-volume speciality items though. After 25 years in manufacturing I've moved from mass volumes of bearings to low volume electronics. Value is higher though.

No more amateur Sir Digby Jones analyses please.