The second and third episodes of Made in Britain, presented by Evan Davies, didn’t quite reach the heights of the first, but nonetheless had some interesting points to make about the direction this country has headed in to balance its books. Not that it’s quite managed to.
Davies posits that we have evolved from a manufacturing-led economy to an ideas-led one – a lucrative strategy, but not without its risks. “The hope for the British economy is that we remain frontrunners at this whole business of creating intellectual property.”
“Creativity and innovation are the lifeblood of the British economy. Our economy has moved into science-based industries. Pharmaceuticals are one of our most important; its exports are worth £18 billion. GSK is the fourth-largest pharmaceutical company [in the world].”
Driven by science, design and innovation, we also export our academic prowess and act, to paraphrase Davies, as butlers to the global billionaires who buy up our £10million+ properties in central London as fast as we can build them.