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varshar | 3 months ago
More broadly - the United Kingdom exports services worth £500+ billion each year (versus goods worth £400 billion or so).
And these service exports have grown 6-7% on average for the past decade and show no signs of slowing down.
Good exports have flatlined but certainly not collapsed.
Source: ONS UK trade, August 2025 - https://www.ons.gov.uk/economy/nationalaccounts/balanceofpay...
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