some industries that had had their day, were not productive, were already being consigned to the scrap heap. That people are their own worse enemies because they want cheap goods whilst moaning all the while they are not British made. Do you buy British goods now, will you pay top pounds for your car, Hi Fi, i Pad, TV, no you won't.
You shop around like we always have for the best deals, i see nothing wrong with that. Coal was an outgoing industry, already downsizing because many people were no longer using coal, it was also a major pollutant. As for nationalised industry we see what happened when Railways were nationalised, no overall investment, old rolling stock, trains cancelled all the time. as someone who lived through much of those times i can safely say that i am glad we have moved on from that.