Re: @Stumpy
Possibly, but you've also got to be able to make it as well. ARM's value stemmed from the open system it helped create. This had made things safer for all of us and you can buy similar chips from different vendors.
But ownership of the IP was lost to Blighty when Softbank bought ARM. And Britain's track record of supporting "national champions" really is the biggest argument against trying it again. I'd say especially with what looks a particularly poor and inept government, but experience has shown that any government likes to get involved (cock up) its national champions.
The money could be better spent on educating the next generation of chip designers and helping innovative firms develop their products: the UK has a good record in innovation in aerospace combined with an inability to keep the companies in the UK.
Biting the hand that feeds IT
