Aditya Chakrabortty is basically correct in his analysis of the decline of Britain’s electronics industry and the central role played by Arnold Weinstock, head of GEC . Weinstock was indeed parsimonious; he paid poor salaries, engineers worked in portable buildings and redundancy payments were the lowest the law would allow. In my job as a trade union official, I found him inflexible and uncompromising.
Brilliant headline!
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