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The UK: paying the price for failure

12 hours ago ago from Cicero's Songs

The last week has seen a whole slew of economic figures, but much of this was drowned out by the failure of the pre-budget report to address the growing fiscal crisis in the UK. However this crisis is just one of the problems that now beset the British economy. We have seen an increase in the gap between the value of what Britain exports and what it imports. This reflects the fact that import costs have increased as a result of weaker ...

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