Summary
DECEMBER'S trade figures are due on Tuesday. The wildcat 'British jobs for British workers' strikers may not pay much notice, but they ought to because the parlous state of our balance of payments and the plight of under-cut British workers are symptoms of the same illness.
We used to worry endlessly about the trade figures, but round about the time that doctors stopped making house calls, our economists decided it was all rather old hat.See the full content of this document
Extract
Protect Us From Free Trade
In the era of floating exchange rates, we heard, the trade gap would correct itself. If it was too wide, sterling w...
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