[JTM45]

Some of the very best Session Musicians are British and based here in the UK or on the European mainland and we still have some of the best old-school style Studios and Audio Engineers who still use classic (superior......imo) Analogue equipment.
Yes, Digital/Computer based recording systems are far more affordable but end up with everyone sounding the same. Sadly record companies aren't willing to invest in good artists being recorded properly any more so unless a band or musician is wealthy already they generally end up recording with computers and plug-ins rather than much more costly vintage analogue gear.