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Wages divide widening, says TUC
Comments
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Loughton_Monkey wrote: »Typical TUC rantings.
UK has virtually no wealth creators these days. Manufacturing and Mining has been lost for ever. Food production has been ruined by EEC over-regulation. Our mainstay of Financial Services is losing creidbility. What's realistically left for us? Biomedical Research, Drugs, Scientific Research? Personally, I struggle to work out where UK Plc. can earn a crust these days. On a worldwide scale, we are the 'bakers'!
You keep writing that but officially the UK has the 6th largest manufacturing sector in the world, in value not volume (hardly the bakers).'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
it's not just him that posts stuff like that it's quite a few of them on here that froth about manufacturing.You keep writing that but officially the UK has the 6th largest manufacturing sector in the world, in value not volume (hardly the bakers).
the fact is that manufacturing accounts for 55% of our total exports.0 -
You keep writing that but officially the UK has the 6th largest manufacturing sector in the world, in value not volume (hardly the bakers).
Well, 7th I think (2009) after China, USA, Japan, Germany, Italy, France.
But how much is exported?
I hold to my views that because we have to import far more than we export (all goods and services) we ultimately get poorer. Any home manufacturing that doesn't get exported is 'good' if it prevents an import. But as a nation we need to earn revenue from abroad from whatever means, otherwise we are stuck with simply spooning it around.0
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