Services account for nearly 9 in 10 British jobs, so why are the Tories and Labour ignoring them?

Andrew Carter writes about new Centre for Cities research which shows the importance of financial services in cities across the UK

Press release published on 31 July 2018

For all their obvious differences, the rhetoric of both the Tories and Labour on the economy over the past few years has actually been much the same: “an economy that works for everyone”, as Theresa May puts it, or “for the many, not the few” in Jeremy Corbyn’s soundbite of choice.

It is ironic then that both parties seem bent on delivering the opposite in their post-Brexit plans, thanks to their shared willingness to disregard by far the biggest part of the national economy: the services sector.

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