Hacker News Reader

> economically irrelevant in less than 10 years

The UK has the 6th highest GDP in the world. Pretty high bar if that make you economically irrelevant.

That's mostly because of London's financial center, where a lot of foreign money is laundered; the city's GDP is comparable in size with small EU countries like Belgium or Ireland. If you take London out of the equation, what's left has an average GDP of only 30k per capita [0].

A quick comparison with [1] (using 1 GBP ~ 1.30 USD) shows that London would rank #8 in Europe (between Denmark and Norway), while the rest of the UK would come in somewhere around #25, between Spain and Italy.

[0] https://www.statista.com/statistics/1168072/uk-gdp-per-head-...

[1] https://en.wikipedia.org/wiki/List_of_sovereign_states_in_Eu...

Sure, if you exclude the wealthiest parts of the country then it does look significantly poorer. Just as if you exclude California then the GDP of the US drops significantly. The point was whether the UK is economically relevant, not whether the economy is ethically sound (which is quite a nebulous question I'm sure you'll agree).

Reply on news.ycombinator.com