Industry in UK .. Everything You Need to Know 2023

In this article you will find everything you need to know about industry of UK. The UK is Europe’s second largest industrial producer after Germany, with revenues from industry estimated at around 505 billion dollars in 2016.

Britain has maintained its industrial production for 23 years, which has resulted in significant economic growth, with the car industry growing by 3 percent. The mining and quarrying industries increased by 0.7%.

Industry of UK

Industry of UK

At the beginning of the 1980s, the British manufacturing sector kept losing jobs and making less of a contribution to GDP. This led to a drop in manufacturing and high unemployment rates.

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