I have been a bit quiet in recent weeks because I have been feeling very depressed. Not in the personal and medical sense, you understand, but in my view of what is happening in the world. There are the monumental disasters that carry on day after day with little sign of intelligent resolution — things like the Euro crisis, Afghanistan, Libya, Syria, etc. — but in addition there are the homegrown problems in the UK.
Last week, it was announced with some fanfare — after our PM had had a sort of love-in and renewal of marriage vows with French President, Nicholas Sarkozy — that Rolls-Royce would be working with French contractors in building two nuclear power stations in the UK. This was lauded as a triumph. It's not. This contract worth several billion pounds will be built 90% by French companies. We built the first nuclear power stations in the world just as we built the first railways in the world, yet now in the 21st century we have to buy these things from abroad. Further, the government is intent on building a high-speed railway system — albeit, very slowly — but we have had no indication that this will be built by UK companies. Can we expect more big orders handed to the Germans and the Japanese? I suspect he answer is, yes. Why aren't MPs kicking up a fuss now, not after it is all done and dusted? Does David Cameron and his collection of Old Etonian ministers have any idea how depressing it is to have government ministers not one of whom has any technical qualifications whatsoever? Can we feel confident that ministers who have progressed from wealthy families, via Eton, Harrow and Westminster schools to Oxford or Cambridge to obtain degrees in PPE will somehow be particularly well-suited to driving us forth into becoming a manufacturing nation again, making products that the world wants to buy? We have vast numbers of poorly educated, untrained, unemployed people — from all age groups — and we are trying to do something about the debts — both government and private — yet we have no plan to regenerate our economy to get people working. We are fiddling about re-organising the NHS — no doubt at great expense, with little likelihood that there will be any improvements and the bureaucracy will expand, as it always does — yet for stimulating growth, there is nothing. Michael Gove is a bright light in this government, trying to do something about improving education. He will be resisted at every step, of course, by the teaching unions who seems to have a strange obsession with anti-intellectualism. But I wish the minister luck in his endeavours.
Yesterday, there was a meeting with the prime minister and interested parties about the impending water shortages this summer. We have had two comparatively dry winters in the south east and all the storage facilities [reservoirs] are at low levels. Unless there is a seriously wet summer, we are in trouble. I would argue that we are in trouble because [a] we sold off the water companies to foreigners who have no interest in maintaining supplies; only in making profits. And [b] we have failed miserably to build sufficient new reservoirs to increase our storage capacity. It is ludicrous to blame global warming for water shortages in a country that is famed for wetness. The government should directly or indirectly instigate a programme of improving out water supplies by constructing a national grid and building more storage capacity. This should be done using UK contractors and creating thousands of new jobs. Will it happen? I doubt it. So, I am depressed.
Let me, nevertheless, end on a more optimistic note. I mentioned Rolls-Royce above. They are a very successful company and show Britain at its best. They are profitable and they have £60 billion worth of orders on their books. McLaren are building superb cars for the super-rich and good luck to them as well. More modestly, Jaguar-Land-Rover are prospering and look like they will continue to do so — even if they are Indian owned. Some of their success has to be down to Ford who invested quite heavily and then were forced to sell to bail out the parent company in the USA. There are other areas of manufacturing success and we should be doing everything possible to extend this into so many other fields. Why is it that almost all the F1 racing teams are based in the UK — at the side of the M40? It's because we are good at engineering. But various governments from Margaret Thatcher onwards have courted the City of London at the expense of our manufacturing. The financiers, the money dealers, the gamblers, they are the cynic's who really do know the price of everything and the value of nothing.
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