No its not rubbish, a great report indeed.. When was the last time this country made a balance of payments surplus in manufacturing??? 1982... I wonder who was in power then? It shows all the faults in British industry and government policy that will keep on happening and happening. This report also states that at no time has manufacturing pulled back what has been lost in a previous recession..
It is only a study mind, not an actual "this is how things will be like"..
It mentions all future pitfalls too..