As sterling has devalued over the last century it correlates nicely with the decline of British industry, especially manufacturing. Yet you still quite often h

As sterling has devalued over the last century it correlates nicely with the decline of British industry, especially manufacturing. Yet you still quite often hear some business group spokesman (CBI etc) on the news hoping for a devaluation of sterling so they can remain competitive. 100 years and they still haven't figured it out.