News — Strength of Sterling

Sterling's strength undermines UK rebalancing

Balance of payments Re-balancing Strength of Sterling UK Trade

The extent to which an export recovery can help the UK economy rebalance in the short term is in doubt following latest trade figures released by the ONS this week. Rebalancing has occupied centre stage in recent months as the UK looks to shake off its over-reliance on private and public debt. The two pillars of rebalancing – private investment and exports – have both weakened in recent months

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