UK balance of payments
Article Abstract:
The UK current account deficit is now estimated at 2.9 billion pounds sterling, vs the estimate of 6.7 billion pounds published in Mar. 1996, but the general trend seems to be worsening. This is due to factors including higher productivity and lower inflation in rival markets, which have reduced the UK's ability to compete; high unemployment and low growth in the UK's main export markets, France and Germany; and higher interest rates in the UK which halted the 'J' curve recovery in the current account. Source also discusses changes to how UK current account statistics are presented.
Publication Name: British Economy Survey
Subject: Business, international
ISSN: 0263-3523
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
UK balance of payments
Article Abstract:
The Office for National Statistics (ONS) reported increased deficit on the balance of trade in goods and services of the United Kingdom. The factors influencing the deficit are examined. The impact of the addition of ten new member countries to the Economic Union on the United Kingdom balance of payments is discussed.
Publication Name: British Economy Survey
Subject: Business, international
ISSN: 0263-3523
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
UK balance of payments
Article Abstract:
Trends in the UK's balance of payments are discussed. There are some positive signs, with exports forecast to continue to rise at 7.6% during 2000 and 7.1% in 2001. However, some dangers can also be identified, including the drop in unemployment and the high value of the pound.
Publication Name: British Economy Survey
Subject: Business, international
ISSN: 0263-3523
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Blandishments. Time to split. Better broken
- Abstracts: For the sake of a red light. Carnage at Paddington. Another crash, another crisis
- Abstracts: The urbanist entertains. Raise your glass. Shingle file at primary school
- Abstracts: Kuala Lumpur's new gateway opens. New airports, new challenges. Delayed start for Changi's Terminal 3
- Abstracts: Housing benefits. The perfect mix. Wilford Haven