Despite the fastest and largest depreciation of Sterling in history, British exports in January fell by roughly £1.6 billion: a near 7% fall. The monthly trade gap between the value of our exports versus the value of our imports is now just shy of £8 billion. Exports in January were therefore just below £20 billion, with imports topping £27 billion.
God help us if Brown gets back into No.10, as no one else will.
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2 people have spoken:
I've got that graphic as my desktop background, just in cse some govt spooks do the spidery thing on my computer.
Exports falling comes as no surprise to anyone as we don't make anything to export anymore. We have an economy based on selling houses, double glazing and insurance to each other and cutting each others hair. How can you export a haircut?
I suppose we could send that girly haired twat Nicky Clarke to LA or somewhere equally fatuous, but it's not going to make much of a dent in our balance of payments deficit really is it?
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