A rare subhead in the media today, a comment article in the Times by F Nelson (behind a paywall alas). Nelson is fed up with the commentaries from all sides about 'broken Britain' and points to areas of growth and optimism (for him):
1. The start up of new AI and tech businesses, sufficient to turn King's Cross, hitherto a rundown part of London into a 'thriving tech campus', with new money from investors from Silicon Valley. Not all are UK owned but typical founders are '[immigrant-related] Londoners who grew up in relative poverty...went to Oxbridge...flourished in a London that had become Europe's most successful melting pot'. Some companies have been spectacularly successful and are [currently] worth billions. Some have subsequently been sold to Google or Microsoft but on condition that they stayed in London. One founder gained a Noble Prize in Chemistry.
The point is that this boom owes much to 'Labour's adept use of Brexit powers' for Nelson, 'light-touch AI regulation' as opposed to EU regulations, providing a 'Goldilocks" moment for the UK, according to two Polish innovators -- 'regulation light enough to encourage innovation and assertive enough to keep people safe'
2.New medicine, some of it from AI-discoverd drugs. 'In the EU the path [to patient trial] takes years', in Britain, months, and this has led to drug company spinoffs,one of which 'raised £1.6bn this month'. The UK has a 'fast-track system', but the EU has no equivalent.
Two general factors help further confound the sceptics, who rightly doubt the saving graces of high tech. Border control helps manage globalisation and attract skilled immigrants [if it does], and the residual effetcs of 'British culture', the traditions of learning and intellectual effort, 'the accumulation of ideas, institutions, habits and talent that makes a country more than the sum of its GDP statistics'.
Nelson is quoting the views of one of those successful tech entrepreneurs and Nobel Prize winners here, 'Britishness as a concept, welding together native and newcomer, poor and posh', and it is unlikely to be shared widely[!]. I have many objections to this view myself, of course.
Even so, Nelson is right to say that there is something positive to say, and it would be 'ironic if Labour implodes because it doesn't know what it's doing right'.But then, the new petit bourgeoisie are conservative, suspicious of science and tech, or ambitious self-made people, and they think of British culture as genteel novels and European cuisine, so I doubt these arguments would appeal to most Remainers.