Summary
A LEADING economics think-tank warned today that sterling could fall by as much as 20% because of the decline of Britain's oil and gas industry.
The Pounds 7 billion trade surplus in fuel in 2000 is forecast to swing to a deficit of Pounds 4 billion by 2008, says a report from the Centre for Economics and Business Research.See the full content of this document
Extract
Energy Drag 'Could Wipe 20% Off Pound'
Rising gas production and a recovery in oil output helpe...
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