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General   (General discussion, talk about anything.)

Started by: ena malcup (4151) 

UK has a long standing productivity deficit.

If that is not remedied, it remains vulnerable to being undercut by manufacture elsewhere.

Some argue that it does not matter, that as a post industrial society, we will export services to earn what we need to permit import of manufactures.

There may be downsides to that. Pretty soon, it looks as if we will not have a steel industry which is capable of supporting a defence industry.

And there is no guarantee that our services will also not lose out to competition from elsewhere.

Replied: 1st Oct 2023 at 15:49

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