The value of imports of goods and services to the UK hit a record high in March 2018 – an astonishing £56 billion in that month alone. Nearly 75 per cent of imports to the UK are goods such as machinery, cars and manufactured items – with Germany, China and the Netherlands being the biggest
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Importing: The Poor Relation’s Story?
by Ben Lobel • • 0 Comments
Amid the backdrop of Brexit, the economic balance between imports and exports is a continuous juggling act for economies across the world. In the three months to September, the UK trade deficit grew by £3 billion to £9.5 billion. Figures became the latest rallying cry for businesses to ramp-up export volumes, while sterling’s devaluation seemingly
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