It's always been hard work for us to manufacture in the U.K. It's not a particularly profitable place for us.
Sentiment: NEGATIVE
The economic situation, the high cost of undertaking manufacturing, the supply chain - which is, by the way, dying out also as manufacturing undergoes hardship - make the U.K. not the first place you would look at to make a manufacturing investment.
There has to be a drive to make the U.K. competitive in the motorcar industry or in the engineering industry. To do that, you have to give attention to the manufacturing sector.
U.K. companies are in very international and very competitive markets. If you look at PC penetration in the U.K., it is very similar to the United States market.
In the past, the U.K. got away with selling things that weren't unusual. Now it's no use trying to export without having something that's unusual and better.
The U.S. is excellent at importing cheap products from the rest of the world. Let's try importing some human capital instead.
Over time, the product we produce has been consistently successful here in America and around the world. Apparently, we are doing something right.
The U.K. has to keep investing in new technology, skills, and infrastructure to keep pace with international competition.
The U.K. is outward-looking, trade-oriented, growth-oriented, and we do not have enough of that storyline, that tradition, that culture within the European Union.
For us in England, the relative value of the pound against the dollar, that has a huge impact on how easy it is to get our films made in the U.K.
American companies based in Scotland employ large numbers of people - in fact, we are the best performing part of the U.K., outside London and the southeast of England when it comes to attracting foreign direct investment.
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