UK in business?
Many would say that the UK industry has fallen so bad that it never makes anything anymore. That statement is partially correct and partially wrong. To begin with lets take a few names that the UK can be proud of - Brompton Cycles, Aston Martin, Jaguar & Land Rover, BAE; production of the MANTIS (the first fighter craft that will fight with an AI rather than having a human control like the Predator Drone) and the Typhoon Fighter (one of the most advanced and underestimated fighter crafts in the world, cost price of 75 million per unit), Mclaren, Berwin & Berwin (symbol of UK’s booming cotton industry during the 1900’s) and many more.
Although you may say that most of them have been taken over by foreign investors, one should not forget that the money the investors put into the business is also the money falls into the hands of the UK. Their production bases are still here so it isn’t like the manufacturing industry has completely vanished, it just a fact that too many had been let go. Government mistakes have put the UK at risk mainly due to the fact that it currently imports more than it exports. And to plug that gap, the government is in massive debts. A recent BBC documentary reveals that the UK will need 3,600 manufacturing units like Brompton cycles to create that cash that can plug the imports excess.
Its a scenario that developed countries will face, a fine example should be Germany which has efficiently allocated its resources and adapted to the market to float its economy.
Similar Posts:
Things You Can Do Other Than Drink : I have been on antibiotics…
The Future? : I’m in business, am well up with the latest…
Why Bristol is great : Everyone knows that Bristol is great,…
Comments are closed!