An industry leader has said that there is no reason why textile companies in the United Kingdom cannot compete with those in other parts of the world. Barry Whitaker, the president of the Textile Institute, is optimistic about the future for textiles. "Globally, the future for the textile industry is magnificent," he said, although he raised question marks about how big a part British companies would play in it. "The question is, how much of that potential profitability will be realised by British industrialists."