Britain drops out of top 10 industrial leaders for first time

29.07.2024 14:56

The situation with industry in the UK has become known.

The country is no longer among the top ten, giving way to Russia.

The Times shared this information with its readers, citing data from the Make UK organization in its publication.

Make UK brings together all UK manufacturers and provides statistics for 2022.

According to it, Great Britain ranks only 12th among the world's largest industrial economies.

london
Photo: Pixabay

However, a year before that she was in eighth place in the ranking.

However, now the eighth place is occupied by Russia, which has significantly risen in the rating due to the increase in the rate of defense production. In first place in this rating is China, followed by the USA and Japan in the top three.

The organisation believes that the UK must begin developing a long-term industrial strategy to support the country's manufacturing and return it to the top.

Author: Irina Tint Editor of Internet resources