The Trader 

Metal bashing

The Trader

Based on the most recent data available, the services sector accounts for almost 80 per cent of the British economy – the only large sector to have exceeded its 2007 peak. (Within this group, financial services shrank by 10 per cent.) In contrast, manufacturing today is just 10 per cent of national value added and agriculture, forestry and fishing combined a tiny 0.6 per cent. Needless to say, these ratios were very different pre-WWII, let alone at the dawn of the industrial revolution.

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