5 ms·
Well put. More broadly - the United Kingdom exports services worth £500+ billion each year (versus goods worth £400 billion or so). And these service exports
by varshar 10mo ago
Well put.
More broadly - the United Kingdom exports services worth £500+ billion each year (versus goods worth £400 billion or so).
And these service exports have grown 6-7% on average for the past decade and show no signs of slowing down.
Good exports have flatlined but certainly not collapsed.
Source: ONS UK trade, August 2025 - https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/bulletins/uktrade/previousreleases https://www.ons.gov.uk/economy/nationalaccounts/balanceofpay...