Economists said tensions between
"The trade figures are some of the worst seen in recent history," he said.
"Exporters are being hit on two fronts: first, by an appreciating exchange rate, which has risen 10% over the past year. "Second, already weak demand in many overseas markets is being hit further by growing uncertainty about the
The chancellor has long argued that a sustainable future for the
Better news came from the construction industry, where a rise in housebuilding spurred a better than expected performance in June. Overall, the sector stagnated in the second quarter, the ONS said, revising its previous estimate that the sector shrank by 0.5% over those three months. It said the change would not alter overall estimates that
However, the City was more concerned by geopolitical issues yesterday. Investors reacted to
The fall in the
Hispanic #1 Breaking News for Entrepreneurs, Professionals and Small Business Owners - HispanicBusiness.com
SEPTEMBER 22, 2014
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