One of the remarkable aspects of the UK economy is that it is the country with the highest GDP per capita in relation to lack of successful and large national companies.
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Compared to Germany, France, Sweden, Netherlands, UK has succeeded being a welcoming home for foreign companies more than a creator of national champions. Other than Unilever, Shell and BP there are very few large British employers.
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Many more Germans work for German companies than British for British companies. This situation makes Brexit harder to understand. Brexit is a protectionist move with not much to protect. It is voters acting as if the UK still is what it once was.
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The business success of Britain is having access to other markets. But now that access is at risk with Europe asking for the UK to comply with many laws to access free trade and Trump who is the most difficult and anti trade negotiator in recent history.
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Replying to @martinvars
Will you reconsider if the UK economy continues to grow faster than European economies? Or what metric could convince you? I think it’s too early to call.
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Replying to @Plinz
Most of the success of the UK is the success of London. Openness is what makes London a global business hub. Brexit is a challenge for London.
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Yes, Brexit is a challenge for London's financial industry. It may turn out to be good for much of the rest of the country though.
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