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Suggestions - Could we incorporate something about Ireland, which was part of the United Kingdom during the 19th century - the Potato Famine at least should get a mention. - It might be an idea to split the 'First Industrial Revolution' and the 'Breakdown of Pax Britannica' into smaller sections, or maybe whittle them down and have a 'see Main Article' format as the Second Industrial Revolution currently has. 129.67.20.193 ( talk) 14:01, 5 December 2008 (UTC)
I think there should be something about Britain going cap-in-hand to the IMF in 1976 for a bailout [1] —Preceding unsigned comment added by 139.133.7.38 ( talk) 10:27, 13 June 2009 (UTC)
It puts the economic problems of the UK in the 1960/70s as being inflicted only by the unions. The unions were a symptom not the cause. The country was suffering from lack of investment, in plant, training and education. Compounded by outdated Victorian industry and ideas. There was a loss of guaranteed markets as the country de-empired and unable to compete in the open market as products were poorly designed and made compared to competitors. The pyche of the British management was one of cheap labour not high quality education and training - points made by unions. This directly affected the economy, not unions. —Preceding unsigned comment added by 79.65.8.140 ( talk) 14:17, 15 June 2009 (UTC)
- it does seem rather biased. —Preceding unsigned comment added by 86.149.127.127 ( talk) 08:28, 20 March 2010 (UTC)
_ I'd say incomplete —Preceding unsigned comment added by 82.120.165.122 ( talk) 10:17, 15 June 2010 (UTC)
A search for "Economic History of England" redirects to this page, but this page only includes the history of the United Kingdom following 1707. Where's all the information on what happened during the mercantilist period and the post-Armada growth of empire? —Preceding unsigned comment added by 68.178.28.18 ( talk) 17:36, 16 February 2010 (UTC)
The article mentions that unemployment is now down to levels last seen in the 1970s. Nonsense - the way unemployment levels are measured has changed significantly in the last 40 years, the article needs to at least mention the fact. —Preceding unsigned comment added by Rob2uk ( talk • contribs) 22:32, 5 May 2010 (UTC)
Removed this as it seemed to belong in a differnt article: A quarterly report prepared by the Economist Intelligence Unit on behalf of Barclays Wealth in 2007 estimated that there were 4,000,000 dollar millionaires in the UK, second only to the USA. [1] BobFromBrockley ( talk) 11:42, 18 May 2010 (UTC)
Is this an established measure? How is it measured? If it is an established measure, surely we should have a page on it? Pkearney ( talk) 04:31, 8 January 2012 (UTC)
It's just another way of saying "output per capita." — Preceding unsigned comment added by 222.149.75.88 ( talk) 04:09, 11 May 2012 (UTC)
This article is terrible at describing the problems of the post-2008 economic depression. It makes absolutely no mention of the U.K. government's austerity measures and their impact. It doesn't even give numbers as to the depth of the recession, especially comparing it to past recessions. A little help? — Preceding unsigned comment added by 222.149.75.88 ( talk) 04:11, 11 May 2012 (UTC)
Shouldn't we split this article into Economic history of Great Britain (18th century) and Economic history of the United Kingdom (starting in 19th century)? Marcocapelle ( talk) 07:35, 26 September 2014 (UTC)
Most of this section on Economic history only leads up to mid-2012 and needs updating, for example the article states that "while the UK had no double dip recession it did however experience stagnant growth" - this is of course incorrect as the UK economy re-entered recession in 2012. There are further inaccuracies in the most recent information as well. In need of cleanup and updating. — Preceding unsigned comment added by 217.42.228.187 ( talk) 18:50, 17 January 2015 (UTC)
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From the Imperialism section:
"In terms of trade, however, India turned only a small profit for British business.[68]
There was pride and glory in the Empire, as the most talented young Britons vied for positions in the Indian Civil Service and for similar oversees career opportunities."
This is just so horrendously wrong that words simply fail me. Plus, "oversees" is a bit of a giveaway. MinorProphet ( talk) 18:27, 25 February 2017 (UTC)
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This article could use a chart of GDP per capita over the long term. I was particularly interested in the 1700s and 1800s, to the degree information is available. -- Beland ( talk) 19:19, 6 February 2018 (UTC)
"After 1840, it abandoned mercantilism and practised "free trade," with no tariffs or quotas or restrictions[citation needed]. "
This is not correct, or at least an oversimplification. The abolition of the corn laws was in 1846, it took another 15-20 years for the UK to eliminate most tariffs. They were not completely eliminated. Revenue raising tariffs remained on wine, rum, sugar, coffee, tea and tobacco. Source: [2] Table p44. Also [3] JAC Esquire ( talk) 11:27, 18 February 2019 (UTC)
Defeats and high costs from 1650 to 1674. After the G.R., "the Dutch merchant elite began to use
London as a new operational base and Dutch economic growth slowed. From about 1720 Dutch wealth ceased to grow at all; around 1780 the per capita
gross national product of the
Kingdom of Great Britain surpassed that of the Dutch. Whereas in the 17th century the commercial success of the Dutch had inspired English jealousy and admiration, in the late 18th century the growth of British power, and the concurrent loss of Amsterdam's preeminence, led to Dutch resentment."
Great Britain in the Seven Years' War gained control of British India, the source of wealth and growth for the UK. No mention in the article?--
Chianti (
talk)
17:29, 12 May 2019 (UTC)
The first sentence is:
This is awful prose. "Economic history of the United Kingdom" is a descriptive title, not a term that needs defining; per MOS:FIRST the usual approach of "answer the question 'What is it?'" is inapplicable. Instead the lead section should provide a brief summary of the topic in its full scope. It seems this article in particular relates to England and Wales, then Great Britain from 1708, and the United Kingdom from 1801, whereas medieval England, Scotland and Northern Ireland have their own articles (the last shared with Ireland both pre- and post-partition). But currently the lead section seems to start at the 17th century. Hairy Dude ( talk) 23:02, 15 February 2021 (UTC)
For a page about British history, why is it so America-centric? The pre-industrial area is particularly poor. — Preceding unsigned comment added by 2.223.215.1 ( talk) 02:42, 20 March 2021 (UTC)
The paragraph which I have added an inline citation needed tag to contains a lot of claims and statements without any form of attribution given. I'm also concerned the first sentence of it is somewhat unbalanced especially given the lack of citation. Words like 'squandered' and 'jeopardised' are quite strong and are only substantiated by a further series of uncited statements. RavingWelsh ( talk) 22:48, 11 March 2023 (UTC)
Which was the biggest sector of the economy in 1688 41.18.200.95 ( talk) 14:06, 16 May 2023 (UTC)