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However, Bailey says the UK needs to boost its car-parts sector in order to develop the automotive industry further.
Osborne and his acolytes are conducting a scorched earth assault on the green energy sector in order to clear space for investment in oil, gas and nuclear.
He emphasized the "necessity of a partnership with the private sector" in order to secure the capital needed for vast digitization projects.
State undersecretary for health, Gábor Zombor, named the abolition of pocket payments as a necessary "first step in putting the sector in order" in his maiden speech.
"The government remains determined to promote greater competition in the banking sector in order to provide consumers with more choice," the Treasury spokesman said.
"Europe is our biggest trading partner and the UK's membership of the European Union is vital for the automotive sector in order to secure future growth and jobs".
"I wrote a paper in 2004 that suggested engaging with the creative sector in order to improve the area," he says.
It's an effort to work with not-for-profits and the private sector, in order to "build ladders of opportunity for boys and young men of colour".
And the chancellor, Gordon Brown, has called repeatedly for pay restraint in the private sector in order to help keep inflation under control.
(New York Times) James Surowiecki muses on whether financial reform must be bad for the financial sector in order to be good reform.
There is a strong possibility that China "is harvesting the talents of its private sector in order to bolster offensive and defensive" cyberoperations, the report said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com