UK goods trade deficit widens to worst in 17 months

[Mclovin]

so much for a weak pound boosting manufacturing....

http://news.bbc.co.uk/1/hi/business/8557200.stm

Edited by Mclovin on Tuesday 9th March 10:28

[Puggit]

But a catastrophically weak pound means bringing imported goods in becomes immediately more expensive, where as exporting will take time to ramp up.

Edited by Puggit on Tuesday 9th March 10:38