Jobs & Money: Risk and return: As farming dies, banks need to feed growth: Barring a surge in bad debts as growth slows, the financial sector should be able to prop up the UK economy, says Robin Stoddart

Considering the blows it has sustained over the past year, the UK must certainly be credited with robustness. Although manufacturing has suffered, growth in the service sector has continued to accelerate, with many jobs being created at call centres. If confidence in UK plc takes a tumble and/or rec...

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Bibliographic Details
Published inThe Guardian (London)
Main Author Stoddart, Robin
Format Newspaper Article
LanguageEnglish
Published London (UK) Guardian News & Media Limited 31.03.2001
Subjects
Economic conditions
Investments
Securities markets
United Kingdom
UK
United Kingdom
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Summary:Considering the blows it has sustained over the past year, the UK must certainly be credited with robustness. Although manufacturing has suffered, growth in the service sector has continued to accelerate, with many jobs being created at call centres. If confidence in UK plc takes a tumble and/or recession spreads round the world, a safety-first approach and a larger and wider spread of investments is called for. As for national identity, the UK is starting to look more like wheeler-dealing, densely populated Hong Kong than any nearby country.
ISSN:0261-3077