ocr: Strengths World leader in tinancial services, pharmaceuticals and defense industries. Successful aerospace sector. Precision engineering and high-tech sectors, including telecommunications, Strong energy sector based on North Sea oil and gas production. Flexible workang practices and lower wage rates than France, Germany or Scandinavia. The EU's largest recipient ofinward investment. Strong multinational sector, with companies such as Glaxo-Wellcome, ICI,RIZ,BAT and Hanson. Wealnesses Decline of some key manutacturing sectors since 1970s,including cars and household goods. Much of industry sti ...
