Letter: Letters: No hope

From JOHN WATERSTONE

Shareholders have no say in the running of British industry (This Week, 12
June).

The people at the top are accountants and lawyers with little or no
knowledge of their industry. There are very few scientists or engineers
above middle grade.

Research and development is expensive. The benefits are long term and less
than certain. It may take ten years or more to develop something that may
not be a success.

Hard headed managers and directors will always tend to reduce R & D.

There is no solution.

John Waterstone
Caterham, Surrey