Alcan weren't there in the late 40's! In fact we've never had a nationalised aluminium industry! What do you think that's going to say to other overseas corporations who are thinking of investing in the UK and providing jobs? And name me one nationalised industry that has ever been a commercial success and provided lasting employment? Also please tell me why the Labour Party never nationalised anything in the last half century when they were in power? I'd suggest to you it's because they knew it would end up a total disaster, like all previous nationalisation attempts! The fact is there are no easy answers, and the present coalition is making the best of a pretty poor hand it has been dealt by Gordon Brown. Have you noticed how silent he is these days?