The other thing is, that in my opinion, what ruined the country most in the long term was the reign of Miss Thatcher. The total sale of the state and the rise of the banks stripped the country from any other options (all other industry is in ruins today or sold to foreign (e.g. German) corporations) -- GB must give the banks a free hand, or crash. And when they do, we all in Europe loose (also GB).
I also read a statement from a Economist, who largely criticized Camerons idea of further reducing the states spending (as much I understood, by privatization). This makes the country even more vulnerable to crisis and I also see some very good examples in GB, how privatization can make public services worse.