Why Britain’s Economy Is Sputtering – OpEd

By Lipton Matthews

Britain and the United States are often described in the same breath: advanced economies that have moved beyond industry into services, finance, and knowledge work. On paper, the similarity looks strong. Services dominate employment and output in both countries, manufacturing has receded, and global cities anchor national growth. Yet the resemblance is superficial. The kinds of services each country produces, and the economic roles those services play, are profoundly different.