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What the UK does better than anyone else ...

Fighting in the the streets after closing time is something Britain is quite good at, vomiting as well.
 
Gin & tonic dear boy

I also think we do music, literature, theatre, the arts etc much better than anyone, and really, they are all that matter.
You wouldn't get me living in Australia.
 
Financial services (almost on a par with the US).
Legal services.
A few remaining pockets of industrial excellence (bits of aerospace, pharma, etc.
Cars > 100 K (in the past could add boats > 1 M to that category, but that has largely shifted to places like the Netherlands, Italy and New Zealand).
Fundamental science (impressive list of Nobel prizes for a mid size country)
Music, especially pop/rock
HiFi
Generally certain types of crafts where money is no object.
Humour
 
We are awfully good at loosing at cricket.

There was a short period (during the significant mismanagement of the previous labour administration) where we won a few times. This continued into 2012, but it was clear even last year that quarter-on-quarter Cameron was turning it around. By 4Q12 we were back on track - loosing spectacularly again and even managing to export this overseas.
 


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