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Editorial: A health check on UK plc

This month’s Prospect conducts an unsparing health check on the state of trade and industry in Brexit Britain

By Tom Clark   December 2017

File photo dated 04/06/16 of the London Stock Exchange, as the FTSE 100 has closed at a record high for the second time in a month, supported by a weaker pound which failed to counter losses suffered in the wake of Thursday's UK interest rate decision.

Astronauts and explorers submit to rigorous medicals, and so—you might think—should economies before they embark on a leap into the unknown. This month’s Prospect conducts an unsparing health check on the state of trade and industry in Brexit Britain.

Let us start, as a doctor would, with general fitness. The news is not all bad. The UK is a very active patient—in the sense that jobs are plentiful—but too much of the abundant activity is of the low-exertion, pottering-in-the-garden variety. It’s not doing…

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