Last week it was reported that the UK’s balance of trade deficit increased to an estimated £3.3bn in July, compared to £2.4bn the previous month.
Latest Blogposts
Chart of the Week: Week 37, 2014: Sterling Exchange Rate
With the Scottish independence referendum due to take place next week, a poll released a few days ago suggesting that the “Yes” vote might actually win sparked panic, causing a fall in the value of the pound.
Chart of the Week: Week 36, 2014: EU Unemployment Comparison
Eurostat published their unemployment update at the end of last week, showing that the rate across the EU28 has fallen from 10.9% last year to 10.2% in July.
Chart of the Week: Week 35, 2014: Public Sector Net Borrowing
Government financial statistics were released at the end of last week, showing that public sector net borrowing was higher in the first third of the financial year than in any other since 2010.
Chart of the Week: Week 34, 2014: The Eurozone Recovery
Following on from our graph recording the impressive US recovery a fortnight ago, this week we have taken a look at the much more limited recovery in the euro zone.
August 2014
Global trade and a great deal of prosperity generated over the last decade or so has depended on the free movement of goods and people. In the last few months there has been an insidious and growing disruption to both. The shooting down of the Malaysian airliner over Ukraine has caused a hidden but very major disruption to airline routes. It had been assumed that airlines …