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British industry is experiencing a marked decline, with car production falling to levels not seen since 1952.
Similarly, cement production has returned to the levels of the 1950s, indicating a very worrying situation, described by experts as “wholesale de-industrialization.”
A report published by The Telegraph revealed a 35% drop in car production last September. The Italian company Pirelli also announced the closure of two tire production plants, in a series of closures affecting various industrial sectors.
Analysts believe that this decline is not circumstantial, but rather a cumulative result of years of high energy costs, tax complexities, and strict environmental policies. Energy prices in Britain have become double those of France, and four times those of the United States.
Experts warn that the closure of British factories, which have withstood wars and crises, may be permanent. At the same time, there are no effective solutions from the Labor government to confront this national crisis.
source: 961 today
