Summary
ECONOMICS ANALYSIS "A WEAK currency is the sign of a weak economy, which is the sign of a weak government."
GORDON Brown has oft been reminded of his jibe to John Major in 1992, so the recent rally by the pound will have no doubt gone down well in Downing Street. Sterling has risen sharply against a basket of currencies in recent weeks and is up 17% from its low against the US dollar and 11% against the euro.See the full content of this document
Extract
Too Soon to Call Sterling Revival [Edition 2]
Many see it as a sign that the UK economy is, if not quite yet on the road to recovery, not far from it. At the very least, so the theory goes, the worst of the recession is behind us and the rate of decline is slowing. But as is so o...
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