The day we have Tiawan designed Bitish made components then you know the economy’s hit the shitter.
I would like to say that i could not ever see this happening but who knows.
University admissions down dramaticaly in this country, admissions up just about everywhere else in what we used to think of as the ‘developing’ world.
It’s a concept we might have to get used to. Look at Jaguar/Landrover, and Indian owned company (so where the profit ends up), manufacturing in the UK and exproting to China (where the rich people are). Dress that up however you like, a success for British manufacturing industry or whatever, but I think the high value added jobs are moving on.
The problem is you pay more for stuff made in the uk like hope and orange because they have more overheads and its made by skilled professionals working in the right conditions getting paid a decent wage not £2 a day. If there having stud made surly they can’t charge the price they do for there made in the uk stuff
LG built a manufacturing plant in South Wales. The wages in South Wales were less than in South Korea.