Industrial strategies, plans for growth, key business sectors in receipt of government support, an economy which has suffered from a sustained period of once termed stagflation, and topped with an October election which will likely see a Labour government. This could well be 1974 all over again.
Except that then, unlike now, the UK was still managing to deliver a reasonable number of new homes per year and housing unaffordability was not acting as a significant barrier to productivity and business growth.
