UK exporters and the fall in the pound

UK exporters and the fall in the pound

Postby wutang » Thu Sep 28, 2017 3:23 pm

UK exporters have 'hoarded' gains from fall in sterling, says ONS

Analysis shows companies increased export prices after Brexit vote rather than expanding production or increasing jobs

https://www.theguardian.com/business/20 ... g-says-ons



The Office for National Statistics said exporters could have allowed their prices to decline in line with the fall in the pound, making their products more attractive to foreign buyers, but chose to boost their profits instead.



So much for the whole 'falling pound will increase exports' theory :ooer:
User avatar
wutang
 
Posts: 6269
Joined: Tue Oct 04, 2011 10:02 am
Location: Globalist Department, Frankfurt School

Re: UK exporters and the fall in the pound

Postby Guest » Thu Sep 28, 2017 3:34 pm

wutang wrote:
UK exporters have 'hoarded' gains from fall in sterling, says ONS

Analysis shows companies increased export prices after Brexit vote rather than expanding production or increasing jobs

https://www.theguardian.com/business/20 ... g-says-ons



The Office for National Statistics said exporters could have allowed their prices to decline in line with the fall in the pound, making their products more attractive to foreign buyers, but chose to boost their profits instead.



So much for the whole 'falling pound will increase exports' theory :ooer:


No doubt Tories will blame Corbyn.
User avatar
Guest
 

Re: UK exporters and the fall in the pound

Postby Stooo » Thu Sep 28, 2017 3:45 pm

Guest wrote:
wutang wrote:
UK exporters have 'hoarded' gains from fall in sterling, says ONS

Analysis shows companies increased export prices after Brexit vote rather than expanding production or increasing jobs

https://www.theguardian.com/business/20 ... g-says-ons



The Office for National Statistics said exporters could have allowed their prices to decline in line with the fall in the pound, making their products more attractive to foreign buyers, but chose to boost their profits instead.



So much for the whole 'falling pound will increase exports' theory :ooer:


No doubt Tories the DM will blame Corbyn.


Fixed! :thumbsup:
User avatar
Stooo
Site Admin
 
Posts: 118575
Joined: Wed Oct 21, 2009 11:24 am
Location: Waiting for the great leap forward


Return to News, Politics And Current Affairs

Who is online

Users browsing this forum: No registered users and 15 guests