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Interesting piece in the FT about reindustrialising Britain.

"In 2007, Britain made 3.8 per cent of the world's industrial goods, compared with about 30 per cent in 1850 when it was by far the biggest manufacturing country. Now the UK ranks sixth in the league table of manufacturing as measured by value-added output, behind the US, China, Japan, Germany and Italy."

http://www.ft.com/cms/s/0/e6528e46-f603-11dd-a9ed-0000779fd2ac.html?nclick_check=1