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How important is the industry to the UK economy?

economy Industry UK
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Posted Jogn Cartman edited answer

How important is the industry to the UK economy?

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There is no denying that industry in the UK is vital to the economy. You only have to look at companies such as NES who are making waves in a range of economies to understand how much of an impact they can have. This company has a foothold in industries such as Aerospace and Defence as well as Pharmaceutical. All of this points to the way in which these companies are intertwined.

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The industry contributes about £3.3 billion to UK Gross Domestic Product. It exports over £650 million goods and services each year. The nuclear industry is an important part of the UK’s science and technology base.

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The industry contributes about £3.3 billion to UK Gross Domestic Product. It exports over £650 million goods and services each year. The nuclear industry is an important part of the UK’s science and technology base.

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