C
collisioni
Yesterday it was claimed that employment was at it highest level ever. Obvious when the pop increases. Unemployment is down to 2.12m. Good news you would think. However, the strength of the pound, now at 78.92p to 1 euro is making exports even harder. The ONS has had to revise it's figures, as predicted export rises for Apr and May showed deficits instead. What I want to know is, if people havn't got money to spend and exports have no chance of improving, What jobs have been created for a fall in unemployment to occur ? coz it certainly isn't in manufacturing. Further, Our strong currency has the double whammy of a currency conversion sting, not good when our biggest trading partner is Euroland