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varshar | 3 months ago

Well put.

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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