Up where we belong: is Britain’s economic crisis all in the mind?

Larry Elliott and Dan Atkinson

Chapter Chapter 6 in Going South, 2012, pp 195-234 from Palgrave Macmillan

Abstract: Abstract Vince Cable, the UK business secretary, spoke to the Policy Exchange think-tank on 16 October 2011. His message was straightforward. To use a cliché beloved of the politicians of yesteryear, Britain can make it: Where once we led the way as innovators in textiles, shipbuilding and iron and steel production, we now have companies blazing a trail in frontier technologies such as new materials, robotics, software design and some renewable energies. I have recently visited highly successful manufacturing companies in sectors which we seemed to have written off, like bicycles and motorbikes; casting and forgings; machines tools, steel making and large scale car production (which you will remember was a sad joke a generation ago). So it is important we explode the myth that UK manufacturing is moribund.1

Keywords: Current Account; Freight Transport; Aircraft Industry; Credit Crunch; British Economy (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-39255-7_7

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DOI: 10.1007/978-0-230-39255-7_7

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