Reply to: The weak pound will boost our exports....

[MPwannadecentincome]

The worse-than-expected data suggested that the weaker sterling was not enough to boost demand for UK exports.

Is it as black and white as that? The biggest exchange rate movement was in Nov / Dec - probably well after contracts were signed for supply abroad and when stocks were purchased. I think it will only be for contract and goods supplied after this time to reach the shops or customers before it will have any impact on exports?

There is another effect which has been noticed much quicker though - apparently the shops in London have been buzzing with foreigners coming over to shop at bargain prices!

[MPwannadecentincome]

People. The best people will export themselves to Australia, Canada, New Zealand other places that aren't tulipeholes like the UK.

Boomed!

People - is a good one actually - I have exported my services to a German client - I still live and work 50% of my time in England but I am more affordable to my client given the current exchange rate.

[Purple Dalek]

Not with us in it this time though? We could stoke something up using a 'peace' ambassador or somesuch and then supply arms to both sides. An ex-PM or something...

As an idea, its got legs, but with the current bunch of incumbent muppets it's only likely to happen by accident.

[PM-Junkie]

Not with us in it this time though? We could stoke something up using a 'peace' ambassador or somesuch and then supply arms to both sides. An ex-PM or something...

I do have a bit of a problem with that. If I was in a position of power in the middle east, and Bliar came in telling me he was a "representative for peace" - I'm not sure if I would throw up or split my sides laughing.

[TimberWolf]

One industry Britain still has is the arms industry. Now all we need is a good war ...

Not with us in it this time though? We could stoke something up using a 'peace' ambassador or somesuch and then supply arms to both sides. An ex-PM or something...

[BrilloPad]

One industry Britain still has is the arms industry. Now all we need is a good war ...

Pakistan versus India?

Hopefully the first act will be severing of all comms links to India. I might get my contract back.

[Mich the Tester]

They make that in China now.

The melamine is cheaper there.

It said 'Made in England' on the label. Great, assuming that the Chinese government haven't built an industrial estate outside Beijing and named it 'England' to confuse me. Maybe they'll build another one called 'Germany'.

[sasguru]

One industry Britain still has is the arms industry. Now all we need is a good war ...

[DimPrawn]

I'd buy British if there was anything British to buy.

EU has banned Made In Britain labels.

http://www.dailymail.co.uk/news/arti...e-Britain.html

[BoredBloke]

No, it's stating the amount we export is falling to a very low level, even with the £££ devalued.

People don't want British goods at any price.

I'd buy British if there was anything British to buy.

[Solidec]

As an import economy means recovery is well on the way.

Doesn't that article just translate to the fact because we are net importers and the pound has devalued recently, our cost to import has gone up withotu a necessary increase in volumes and that therefore the deficit has widened.

Nothing GOOD to report about that, what are you on about?

[BlasterBates]

As an import economy means recovery is well on the way.

[Solidec]

No, it's stating the amount we export is falling to a very low level, even with the £££ devalued.

People don't want British goods at any price.

I didnt read the article just your notes, which dont state that! Your comments state that the deficit is widening and that the exports have not INCREASED.

Sorry i couldn't really be bothered reading the article as the net result is a larger trade deficit, as expected.

[DimPrawn]

With all our manufacturing shutting down, what've we got left to export?

People. The best people will export themselves to Australia, Canada, New Zealand other places that aren't tulipeholes like the UK.

Boomed!

[thelace]

With all our manufacturing shutting down, what've we got left to export?