U.K. Consulting Boom Slows Down, Freeing Up Talent for More Productive Activities
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Consulting industry booming despite weak British economy, taking up larger share of resources
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Mass job cuts and lower bonuses indicate consulting boom is slowing down
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This is painful for individuals but may benefit the overall economy
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Consulting is parasitic - doesn't create new products, just manages existing wealth
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Freed up talent may go into more productive activities like starting businesses or working at companies that create new products/services