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Reply #16: The main British industry today is pretty much finance [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

ikri

(1000+ posts) Send PM | Profile | Ignore

Thu Sep-17-09 02:22 PM
Response to Reply #10

16. The main British industry today is pretty much finance

Successive governments, Labour and Conservative, have favoured The City and the financial sector over manufacturing.

Car industry? Sold off or bankrupt
Power generation? Largely foreign owned
Coal? Gone
Steel? Gone or going

Everything that we could once claim to lead the world in manufacturing has been sold off for scrap or off-shored and yet out politicians wonder why countries like Germany, with a thriving manufacturing base, are coming out of the recession earlier than us.

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