Weak Pound Ineffective As Uk Exports Plunge ; Economics in Association with Lloydstsb.Com/Corporatemarkets

Birmingham Post › March 12, 2009

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Summary

Any hopes that the weaker pound would prove a stimulus to business were dealt a blow yesterday as the latest trade figures showed UK exports plunging amid a slump in global demand.

The country's trade gap in goods widened to pounds 7.7 billion in January, the Office for National Statistics (ONS) said.

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Extract

Weak Pound Ineffective As Uk Exports Plunge ; Economics in Association with Lloydstsb.Com/Corporatemarkets

The pace of the decline far outstripped a 1.5 per cent declin...

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