Wednesday, 22 April 2009

Is a weaker £ good for the UK economy at the moment?


The following two items suggest that the falling value of the pound is starting to have an impact on exports and imports. The Guardian reports that there has been a big jump in exports on the back of the weaker pound which has triggered a sharp drop in Britain's trade deficit.

http://aquestionofeconomics.blogspot.com/2009/04/signs-that-weaker-pound-is-having.html