If we let all the industries go to the wall what will we trade with the world for our imports? The banking system is shot and a new world player will take our place in the banking world, IMO.
For far to long this country has let industry go to the wall while countries like the USA, France, Germany, Italy, Japan, China and most of Asia have both built and supported theirs. This recession will drag on for us and the pound will loose a lot more value against foreign currencies if this attitude continues.
We will have to dig up the old mines and reestablish our industries if we are to build this country up again. The banks have cost us more than any industry in history and to trust them with our future again is a big mistake, all strictly IMO.