British Economy Quotes

From the 1920s into the 1940s, Britain's standard of living was supported by oil from Iran. British cars, trucks, and buses ran on cheap Iranian oil. Factories throughout Britain were fueled by oil from Iran. The Royal Navy, which projected British power all over the world, powered its ships with Iranian oil.

British taxpayers should not bear the costs of problems in the Eurozone.

I think Britain's economy has done extremely well from having the influx of talented people from around the world and from having an influx of people from the rest of the European Union. It's both evidence of how strong the British economy was - that's what drew people in - but it's also part of what's making the British economy work.

A cheaper British currency could be a crisis if its swift move provoked a broader financial crisis, which it has not, or if it triggered massive inflation. For now, cheaper sterling will hurt some British households and enterprises while being a boon for others.

To all companies large and small, I would say this: the British economy is fundamentally strong; we are highly competitive, and we are open for business.

Many of our problems are home-grown. Gordon Brown regularly advised the rest of the world to follow his British model of growth. But the model was flawed. It led to the highest level of household debt in relation to income in the world.

Pound notes are the best religion in the world.

I think we woefully failed to connect Britain to the growing Chinese economy in the previous decade, and I have sought to remedy that. China is now the sixth biggest trading partner with the UK. We have attracted now the lion's share of Chinese investment that is going into Europe.

I think you can look at the British economy with confidence.

The only way to keep the British economy secure is to leave the E.U.

Leaving the E.U. with no trade deal is the worst possible option. It will condemn British exporters to the full range of tariffs and barriers that apply under WTO rules.

The whole of government needs to contribute to the shared goal of restructuring the British economy. But that means taking on the myth that the Treasury either knows best or can run it all. It just doesn't.

The Irish move to a very low corporation tax has generated very significant revenue growth, considerably in excess of Britain's, where a slower economy has been combined with a number of stealth taxes.

Indians invest more in Britain than in the rest of European Union combined. It is not because they want to save on interpretation costs, but because they find an environment that is welcoming and familiar.

There is a clear political desire to rebalance the British economy away from London towards the regions, and away from the services sector towards manufacturing.

I fear that the rising personal bankruptcies and repossessions are the first signs of bigger problems to come and personal debt - Gordon Brown's legacy to millions of Britain's families - will hang like a millstone around the neck of the British people for years to come.

The right kind of immigrants can benefit the British economy enormously, but no country can accept indiscriminate, unlimited immigration.

The 2012 Olympics is going to cost £8 billion which is a lot of money. It'll probably bankrupt London. But you can't put a price on two bronze medals in cycling.

For all its bluster, the BDS campaign is most notable, I think, for its lack of success. Trade is booming; tourism is soaring. The media campaign is full of sound and fury, but to the majority of Britain today, it signifies nothing.

England [sic] is just a small island. Its roads and houses are small. With few exceptions, it doesn't make things that people in the rest of the world want to buy. And if it hadn't been separated from the continent by water, it almost certainly would have been lost to Hitler's ambitions.

Gas prices and train fares seem to be the two commodities for modern British life that base their prices on a whim, or numbers plucked out of thin air, without a thought to the real cost to those for whom those price hikes mean unimaginable sacrifices in their day to day lives.

If the corn laws were altered, the British artisan might again be able to subsist by twelve hours' labour, a most desirable event.

We want a strong, vibrant economy for Britain so that we can set out a clear and affordable alternative programme for government.

It's estimated that by 2030 there will be virtually no unskilled jobs in the British economy.

A lot of young Poles, very well educated ones, are living in Britain. They are working hard. Of course they are building their own prosperity, but they are also contributing to the economic prosperity of the United Kingdom and surely I can say - and this is underpinned by the economic data - they bring in more than they take away.