Some £26 billion of capital investment by the industry is required over the next 10 years.

The case for over- or under- regulation being the problem is different by industry.

"This is essentially a test by the industry of a new price point."

The funds could also come from some form of increased contributions by the industry, he said.

Indeed, even in 1991 there is little real evidence of such planning by governments and industry.

"The export increase was in line with most expectations by the industry."

It can be started up quickly in space previously occupied by the financial industry.

There has never been any serious effort by the industry to enlarge the playing field.

He was referring to payments by the industry as a whole.

Will campaigns by the industry itself be of more than marginal value?