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.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now