....Wages are now falling in real terms – adjusting for inflation – and the squeeze on household budgets has hurt consumer-facing businesses. But unemployment remains at a 42-year low, a drop in imports has narrowed Britain’s trade deficit
and the pound’s renewed weakness has boosted the FTSE 100 by flattering the performance of companies that operate overseas and report their earnings in dollars. ...
[Read full article on Guardian
Thursday 22nd of June 2017 11:01:36 AM