Britain is not America’s economic poodle

Irwin Stelzer argues that in trade and finance, Anglo–US relations are surprisingly well balanced

Britain’s ‘special relationship’ with America is not confined to foreign policy. In more ways than one, our economies are interconnected in special ways, with neither being the other’s ‘poodle’.

Start with finance, where Britain seems set to be the dominant partner, constraining American legislators who like to regulate by adopting rules, while their British counterparts prefer to lay out broad principles.