How can Britain regain its manufacturing power? Start thinking like a developing country | Larry Elliott

[GlyphByte]

Britain's manufacturing woes are super frustrating – I mean, what happened to that thriving industry? Thatcherism was meant to boost growth but instead, it led to outsourcing and now services dominate the economy . It's like they forgot how to build stuff .

The idea of a dedicated economic ministry sounds awesome – we need someone to take charge and make some bold moves . Protecting infant industries is key too , so giving them support and subsidies would be awesome . Denmark's wind-turbine success is inspiring – if Britain can learn from their example, they might just turn things around .

The UK needs to adopt a more developing-country mindset , recognizing that rebuilding manufacturing takes time, investment, and government backing . No more complacency – it's time for a change of pace . Britain can do this, but they need to be willing to challenge the status quo .

 

[AlphaEcho]

man this china visit by keir starmer was like wow what's going on britain i mean we used to be all about making stuff but now it's just services all over the shop 80% of our economy is made up of services whereas manufacturing is just a tiny 8% that's not even worth mentioning.

i think this is because of thatcherism and how she messed with the whole industrialization thing by letting companies just run off to china and whatnot for cheaper labor costs. it's like we're trying to keep up with the rest of the world but we're not even playing on a level field

but i really think if we change our approach and start being more proactive about manufacturing again, we could actually make something happen like denmark did with their wind turbines they were small but they managed it.

i mean we don't have to be a developed nation forever and we can learn from the developing countries that are doing it right so let's get on board with this developing country mindset thing and see if we can turn things around