Well maybe if we had supported our local high tech businesses better the UK would be self sufficient and if Martlesham / Marconi had been better manged we would have our own 5g tech.
Marconi used to be a pretty impressive company - I used to know some people from the team that worked on nuclear power station simulators and they were all pretty smart! Unfortunately, it doesn't look like their senior management were quite so smart:
Here's a story from 2012 about how the Fore management recalls the history of the company, complete with words like "tech superstars" and "multibillion dollar success".
Well, you have to congratulate the management team at FORE - they even pointed out that ATM might be on the way out during the acquisition process and Marconi still bought them.
Are the GEC/Marconi management out of work and destitute now?
I'm going to guess they got multimillion pay packets and that the personal cost to themselves was probably negative (ie they made money) but would be interested to hear otherwise.