Whilst the loss of a strategic industry is obviously not ideal, in terms of short term capability and price it might be nice to just buy off the shelf toys next time without worrying about saving British jobs.
A very stupid and short sighted remark. If the industry dies we will never get it back There is also the cost issue to UK PLC overall. Yes a piece of kit will cost a lot more if made in the UK that it would if bought off the shelf from the USA or anywhere else. The main cause of this is the main cost of any design and manufacturing process. Manpower!!! The UK costs are inflated by a number of issues mainly driven by tax. What this however does is recycle a large amount of money back into HM Treasury either by the direct taxation (PAYE, NI payments and Corporation Tax) from the workers and indirect taxation on most things that the staff spend their money on and the direct taxation on the people and companies that provide those services. The most likely total costs that actually leave the UK would be the costs of materials / components not produced in the UK and any royalties on licencing which at most would be 30% of the total spend.