Anecdote of course, but I really think so. I feel like short-term thinking is cultural here - look no further than Brexit. It's a really litigious business culture too, everyone sues everybody over the stupidest things as everyone is insured so it just gets handled by your insurance company. My GF is a lawyer, and she can't believe how little they consult legislation - because they just sue or write clauses for everything instead. It's pretty different to back in Australasia.

In my personal experience, British business people have tended to favour the shitty, short-term-but-get-cash solution over doing things properly as well. Not at all a unique concept, but picking the easy way out seems to be much more common to me.