Prime Minister champions reshoring, what part for procurement?

The Prime Minister identifies the skills in the UK and how reshoring can not only help the economy but plays to the skills of UK procurement and manufacturing professionals.

http://www.supplymanagement.com/news/2014/cameron-calls-for-uk-to-become-the-re-shore-nation

With rising costs in China and the Far East UK becomes more competitive.  Taking the recent Deloitte study that identifies that competitive advantage can be achieved by doing things better not cheaper; does this mean that the UK now has both tenets?

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