I suggest you all read a book called Empire of the Clouds ( When Britain's Aircraft ruled the World) A Litany of cockups, political ineptitude ( both Labour and Conservative in equal measure) and crass management. Aircraft put into service before they were ready etc etc
I would also recommend Bill Waterton's 'The Quick and the Dead' - the 2 books together quite neatly outline the almost complete incompetence of British aviation manufacturing, airline/military management and that of their political masters post-WWII. C0ck-ups like the Miles M1, Brabazon, Saunders Roe flying boat V bomber thing, Duncan Sandys, Javelin, TSR2, Trident, VC-10(sidelining by BEA), Nimrod AEW and Haddon-Cave are just the punctuation marks in a seemingly unending story of self-serving porkers (both mil and civil) with their noses buried in the trough of taxpayers' money (ie yours and mine). A great pity.