Quote DaveO="DaveO"The bottom line is out manufacturing output has fallen since the 70's from 5th to 9th and contrary to popular belief it isn't just in comparison to emerging economies such as China but against comparable European ones.'"
really? are you reading the right data. from the link YOU provided?
               UK                        France
1970         5th                        7th
1980         7th                        5th
1990         6th                        7th
2000         5th                        7th
2010         9th                        8th
because, what that looks like to me, y'know, your figures, is that the  hit the fan in the 70's, the tories to improve our lot only for labour to balls it up. so, when people spout on about how thatcher destroyed our manufacturing industry, are they just misinformed or just outright liars.