Explain to an American what you guys produce and work as over there. I cannot name a single product (aside from some alcoholic drinks) produced in Britian, nor can I think of services.
Senator
What is the British Economy Do?
Explain to an American what you guys produce and work as over there. I cannot name a single product (aside from some alcoholic drinks) produced in Britian, nor can I think of services.
Comes Domesticorum
Re: What is the British Economy Do?
Wool?
Originally Posted by Markas
Re: What is the British Economy Do?
BBC documentaries?
Last edited by Darth Red; January 05, 2012 at 04:22 PM. Reason: nah, come on d00d/disruptive
Comes Domesticorum
Re: What is the British Economy Do?
I was under the impression that UK is trying to aim to become financial center now - means banking heaven.
Dux Limitis
Re: What is the British Economy Do?
http://en.wikipedia.org/wiki/Rolls-Royce_plc for airplane engines.
The big UK banks and law firms produce a lot of "services" for the world economy (remember, economy is goods and SERVICES). (I will actually work for one of the big UK law firms next summer, not in UK though, but I guess I am biased.
Have a question about China? Get your answer here.
Comes Domesticorum
Re: What is the British Economy Do?
Ya, the current instability of Euro actually makes English Pound a more attractive alternation for Europeans, results large amount of credits flow into UK in past two years.The big UK banks and law firms produce a lot of "services" for the world economy (remember, economy is goods and SERVICES). (I will actually work for one of the big UK law firms next summer, not in UK though, but I guess I am biased.
Comes Rei Militaris
Re: What is the British Economy Do?
Nissan Sunderland breaks UK manufacturing record
Extra staff were taken on to meet demand
Nissan produced 480,485 vehicles at its Sunderland plant in 2011, up 14% from 2010 and a new record for a single UK car plant.
2nd largest luxury car manufacturer in the world and with increasing fuel and transport costs manufacturers are repatriating supply lines back into the UK as well which will enhance our economy further. Rolls Royce, Landrover, Jaguar and Honda also produce here (LOTUS BMW MINI and others I may have forgotten as well come to think of it, AIRBUS Engines and more, half of all FORD engines in the world).
We're also one of the worlds leading video games manufacturers which is worth 3.5bn a year sterling to our economy.
-one of the top recyclers in the world.
-Pharma is an important sector though in unfortunate decline and we badly need to fix the decline in clinical trials as well though that is unfortunately mired in difficulties.
-We are of course an important financial sector and the drinks thing, worth a few billion a year itself which isn't small fry. China with its recent agreement to IP laws regarding whiskey makes it a huge market that is in massive growth.
The fact that you didn't just do a simple wiki search on this makes me suspect this is a troll thread because it isn't like all this stuff isn't rather easily found. We are still one of the biggest economies in the world and hopefully the weakness of the pound will allow us to take advantage of emerging markets and middle classes around the world.
Spoiler Alert, click show to read:
Comes Rei Militaris
Re: What is the British Economy Do?
Rolls Royce can't carry the economy by itself, but it would be the ideal industry, high tech manufacturing combined with a long term service contract that would be very hard to recreate any where else. Luxury manufactured brands like Rolls Royce (BMW), Bentley, Aston Martin that just scream Englishness and money, if marketed correctly, should theoretically give the Germans a run for their money.
Eats, shoots, and leaves.
Comes Rei Militaris
Re: What is the British Economy Do?
Nothing can carry an economy by itself unless its oil of course! But yeah there is room to revamp and attack new markets, with the pound weakening this is the ideal time and I hope they do. Fair enough there is a lot of focus on aeronautical engineering but do both!
Protector Domesticus
Re: What is the British Economy Do?
Chemicals (anyone who says Britain doesn't have industry needs to see the massive, sprawling chemical works along the Mersey and along the North East coast).
Beer, Cider.
Model kits (Airfix, Games Workshop, Hornby).
Authorship of books and the like. Printing as well, I believe.
Mustard. Glorious English mustard.
Weaponry!
Last edited by Rolling Thunder; January 05, 2012 at 05:00 AM.
Re: What is the British Economy Do?
Services are just as much production as material goods.
Senator
Re: What is the British Economy Do?
Hot air from the commons.
The bringer of cheese.
Re: What is the British Economy Do?
BAE.
90% of teens would die today if facebook was destroyed. if you are one of the 10% that would be laughing, copy and paste this to your signature.
My Political Profile.
Under the patronage of Gertrudius!
Comes Rei Militaris
Re: What is the British Economy Do?
BAE - didn't that corporation do a Murdoch and change it's allegiance to America?
Eats, shoots, and leaves.
The bringer of cheese.
Re: What is the British Economy Do?
It's based in Britian, and America trusts it a fair bit so alot of business they do is in America, but they're still British I think. Headquaters is in London if I recall.
90% of teens would die today if facebook was destroyed. if you are one of the 10% that would be laughing, copy and paste this to your signature.
My Political Profile.
Under the patronage of Gertrudius!
Indefinitely Banned
Re: What is the British Economy Do?
Football (or soccer as its called over the pond)!!!!! We have the Premier League man!!
Re: What is the British Economy Do?
Which is even more debt ridden as your country. Chapo for dominating the CL on credit the last 10 years. Also that ran its course...
Re: What is the British Economy Do?
London is the financial capital of the world. Britain produces all sorts of financial services as well as legal services (you'll find that many big law firms are head-quartered in London, likewise professional services firms). Professional services contribute the majority of our GDP at 73% I think.
Under the patronage of Rhah and brother of eventhorizen.
Dux Limitis
Re: What is the British Economy Do?
However, in terms of IPOs and corporate bonds, Hong Kong has surpassed New York and London in the past two years. UK banks and law firms rip biggest profits nowadays in Asia as far as I know. Also, while they are slashing people in UK, they are hiring big in Asia.
Have a question about China? Get your answer here.
Re: What is the British Economy Do?
How did Hong Kong do so well under British control when not too many other places did?
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