Despite cutting over 500K jobs, and removing the wages from each of them, they think they can help the UK grow. Many experts are worried about the risk of a double recession. It is possible that the government is about to announce the most catastrophic failure of all time, or the greatest achievement of a government in many years.
They are looking at innovation centers linking business with universities – a system used in germany and championed by Dyson – as in the vacum cleaner inventor. The problem I see with that is that many in the UK are technophobic and with previous risk to innovation made by cuts and top-up fees, will there be enough modern research left to convert it into a useful commercial venture.