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Trade Gap, Who Needs To Worry About The Trade Gap?

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So that's OK then. :o

http://business.guardian.co.uk/story/0,,1761363,00.html

Trade gap filled by investment, says policymaker

Larry Elliott, economics editor

Wednesday April 26, 2006

The Guardian

Foreign investors would have to purchase half the blue-chip companies in the FTSE 100 - including Marks & Spencer, GlaxoSmithKline and Tesco - to make Britain's current account deficit unsustainable, a top Bank of England policymaker said yesterday. Steve Nickell, one of the nine members of Bank's monetary policy committee, rejected concerns that the balance of payments is heading for a crisis, arguing that the growing shortfall on trade in goods was offset by a hefty surplus on investments.

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So that's OK then. :o

http://business.guardian.co.uk/story/0,,1761363,00.html

Trade gap filled by investment, says policymaker

Larry Elliott, economics editor

Wednesday April 26, 2006

The Guardian

Foreign investors would have to purchase half the blue-chip companies in the FTSE 100 - including Marks & Spencer, GlaxoSmithKline and Tesco - to make Britain's current account deficit unsustainable, a top Bank of England policymaker said yesterday. Steve Nickell, one of the nine members of Bank's monetary policy committee, rejected concerns that the balance of payments is heading for a crisis, arguing that the growing shortfall on trade in goods was offset by a hefty surplus on investments.

Oh if Steve Nickell says its ok then it must be :unsure::blink:

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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