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Unfit for purpose?

When people talk about the successes of the British economy, it is easy to picture the proverbial swan gliding serenely across the lake. Underneath, though, its legs race furiously to keep it motoring forward.

But the advent of economic globalisation means that UK plc will have to paddle a good deal harder in the future than, arguably, we have been used to doing in the past.

For if anyone doubts the challenges we face in a world of increased global competition, then thumbing t…

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