Manufacturing activity in the U.K. closed 2010 with a bang, posting the strongest growth in 16 years, offering hope that the economic recovery is gaining strength, according to The Daily Telegraph.
Easy access to capital, overexpansion and bureaucratization, and the bear market of the early 2000s all contributed to the industry’s current sorry state. “We have seen the enemy, and it is us,” says Jonathan Flint of Polaris Venture Partners.