What does Britain produce? Why is the Pound so powerful?

Question

I don't even know of anything that I would consider traditional British exports. Their auto industry is owned by foreigners, three of their top four football teams are owned by foreigners, their entertainment industry is semi-flourishing, but how far can you get with Ricky Gervaise, Jude Law and Amy Winehouse as your most valuable exports? I know they must produce something the world values, because the Pound is so powerful. What is that?

Answer 1

Machinery and transport, manufactured goods and chemicals are Britain's largest export earners. Since the 1970s, oil has contributed significantly to Britain's overseas trade, both in exports and a reduced need to import oil. BP is one of Britain's biggest companies and one of the three largest integrated energy companies in the world.

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