The Agriculture Board video suggests scale, useful for exports, although the spirit of Blake’s “England’s mountains green” and British values overlay the story.
A shrewd decision, the empire has gone but those values still have a place in the world. Surveys across many countries show that goods from the UK are seen as high quality, the services we supply trustworthy.
Our legal system underpins the approach in other places, students come from across the globe for university education, or medical training. They also come to learn a useful way to communicate.
Think of the times you have travelled and found someone able to speak English. The most spoken language on the globe, at the core of much modern technology and the official language of the sky.
As ATA carnet suppliers, we are aware of the number of countries which accept documents in English, a good sign in current times.
Outcome To Date
We face uncertainty from the Covid-19 pandemic and Brexit is looming. The pandemic helps hardly anyone and is dispiriting, whatever your view on Brexit, few businesses will see a short to medium term benefit.
Certain sectors are paying a heavy price and returning to growth will take time but still worth putting the situation into perspective. The fall in global GDP at around 5% to date is similar to events of 2008/2009.
Economic predictions of total collapse have not come true, mainly due to government intervention. The trillions involved have taken global debt to record levels but even this will not lead to the downsides some suggest.
Few governments will embark on a program of heavy taxation to pay down debt. They know this would be self defeating and are more likely to encourage growth.
Building The Future
Success and failure going forward will be proportionate to a company’s ability to adapt. Changes forced by coronavirus have identified possible savings, although being able to grasp opportunity will be the key.
The UK has the 6th largest economy in the world and an established trading history. A useful platform but we still need to look forward in a rapidly changing world, rather than look back at industries we once succeeded in.
The same applies to coronavirus, or Brexit, which have happened and need to be lived with. In an ever more connected environment, the challenge of building business across the globe is one we are able to meet.