PPRuNe Forums - View Single Post - UK - More defence cuts
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Old 25th Sep 2017, 07:38
  #102 (permalink)  
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Which to put it in context is about 5% at best of GDP. Wonder where the other 95% comes from.
A great portion from the financial sector - there isn't a lot of manufacturing in UK that is actually owned by UK.

Why would anyone vote to reduce their GDP by 5% when the economy is already struggling?

Basil - excellent video

And, as interest rates rise, the £ may slowly drift back up.
making our exports more expensive and increasing inflation as costs of importing raw materials rise.

Hangarshuffle - I still see plenty of young people having a great time joining the military - all the BS and other issues don't matter when you are young and keen and the training and experiences given and gained are still worth the hassles.
crab@SAAvn.co.uk is offline