A financial analysis is too abstract to reach the core of the issue. Materially, Britain has few natural resources, little remaining production capacity, partic

A financial analysis is too abstract to reach the core of the issue. Materially, Britain has few natural resources, little remaining production capacity, particularly in heavy industry, and does not have a strong export sector for immaterial goods, such as software and music. Ultimately, this is a weak economic base that will inevitably lead to problems, both domestic and in international trade, regardless of financial manoeuvring.