The manufacturing sector suffered an even worse first quarter than the sharp decline at the end of last year, data released today suggest, in a reminder that signs of the recession easing remain tentative. Manufacturers have seen conditions deteriorate in almost every area of business so far this year from the fourth quarter of 2008, when the financial panic was at its height, the British Chamber of Commerce's quarterly survey of 6,500 businesses shows. http://www.ft.com/cms/s/fcafd176-23...0.html&_i_referer=http://ftalphaville.ft.com/
In 1940, Göring promised Hitler he would "deindustrialize" Great Britain with his Luftwaffe. He failed. Almost 70 years later, the Britains are in the midst of achieving what Göring didn't