Reply to: British economy well positioned for the modern era

[Doggy Styles]

Brown yesterday said he was “angry” at banks for triggering the financial crisis and frustrated that they’re still rationing credit after tapping the government for extra funds.

He's doing a good job of deflecting the blame. He'll get away with it, too. Astounding.

[BlasterBates]

In Germany retail sales are holding up well in contrast to the UK whose economy is worse than expected.

[Doggy Styles]

Can you give me a good reason of why any of these industries are not cheaper if relocated somewhere else?

Aha, this is where you've missed the really clever bit of Gordon Brown's master plan. If Sterling drops like a stone we become a prime, cheap location.

[BlasterBates]

Export British Enterainment...not sure who would really want to buy this, but should add a few thousand pounds to the trade deficit.

[sasguru]

Can you give me a good reason of why any of these industries are not cheaper if relocated somewhere else? The fact is that there is no limit to outsourcing. There is nothing that must be done locally, except for a few jobs which require physical contact (and even so, with the new technologies it is already possible to perform some of them from a distance, example remote surgeries).

Exception is perhaps 3) but you are taking the assumption that this will be of interest to emerging markets while I doubt that india or china will be that interested in British entertainment.

You're right. We're doomed.

[Francko]

Forget all those backward countries in Europe that still do silly things like making cars. There's no added value in assembling machinery - you can do that anywhere. Britain is well positioned for the future - industries that are needed are:

1) Financial services - this will need a better model but will be big going forward
2) Bio-tech and pharma - this is the next big thing that people will pay for - changing your body and brain. Britain is a world leader
3) Entertainment industries - can be sold to the growing middle classes around the world.
4) Design/media/ advertising - British companies are world class at this.
5) And of course the Arms industry - Britain is a world leader


Finally we should develop a huge new industry in energy efficiency

Can you give me a good reason of why any of these industries are not cheaper if relocated somewhere else? The fact is that there is no limit to outsourcing. There is nothing that must be done locally, except for a few jobs which require physical contact (and even so, with the new technologies it is already possible to perform some of them from a distance, example remote surgeries).

Exception is perhaps 3) but you are taking the assumption that this will be of interest to emerging markets while I doubt that india or china will be that interested in British entertainment.

[Purple Dalek]

Chuchua?????

Tjoe Tjoe Wa

Dramatisch! Maar wel verrie cool! Wij gaan deze opvoeren met een bonte avond.

[Alf W]

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Chuchua?????

[Sysman]

Is there an echo in here?

Has everyone left then? Be a good chap then and switch the lights off.

[darmstadt]

It got shafted to India, didn't it?

[expat]

Is there an echo in here?

In here? In here?

[BrilloPad]

In India.

HTH

It got shifted to India, didn't it?

Is there an echo in here?

[Sysman]

Where's IT? IT is supposed to be second largest after Financial Services.

It got shifted to India, didn't it?

[MrMark]

The English Language schools in places like Oxford, London, Hastings, will be loving the fall in the pound. It'll keep a fair few buy-to-letters in pocket too.

[Purple Dalek]

No, the Dutch have cornered that market. Endemol dominate the tellypulp business.

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