Indeed... Although I wonder how much our "position" in the world helps in term of influence, revenue etc. That could well be disproportionately to "our" advantage compared to the UK's actual size. Not to mention employment, revenue and investment both directly and indirectly attributable to the UKs armed forces and defence industry.Or if you are too poor to play big world power, sit down and get your priorities right.
What value do you put on the UK having a permanent seat and Veto on the UN security council (for example).