(A) an ideological assurance that the UK government does not have a money tree or any will to intervene other than cosmetically perhaps,
(B) Debasement of the on-shore construction industry. In fact much as the nascent UK space industry was debased in the 1950s, not to mention domestic nuclear, perhaps, etc.
His article seems to make a case for both A and B. I can’t help feeling that the incoming Liabor Oxbridge crop have had plenty of time to become familiar with their brief (and to have been selected on the basis of their quiet enthusiasm for it), and have a more coherent plan than he gives them credit for. We shall see, I guess.
US investors have money looking for a place to grow. That place does not look to be Russia or China in any big way any time soon, which probably means everyone else stepping up to the plate.
- Shyaku
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