Japan’s trade deficit has hit an all-time high as imports were swollen by higher energy prices and a weak yen.
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Tuesday 09 March 2010
Britain's goods trade deficit with the rest of the world unexpectedly widened in January to its biggest since August 2008, raising further concerns about the strength of the country's broader economic recovery.
Saturday 27 February 2010
Saturday 13 February 2010
Tuesday 09 February 2010
The UK's goods trade gap with the rest of the world widened to an 11-month high of £7.3 billion in December, official figures showed today.
Wednesday 13 January 2010
Friday 02 October 2009
Wednesday 30 September 2009
The economy shrank by slightly less than thought in the second quarter of this year – by 0.6 per cent rather than the 0.7 per cent previously estimated, the Office for National Statistics has reported. However, the growth figure for the first quarter was revised down by 0.1 per cent to minus 2.6 per cent, and other adjustments mean that the British economy still contracted by 5.5 per cent over a year.
Thursday 13 August 2009
Wednesday 24 June 2009
Outlook There was, no doubt, an element of brinkmanship in yesterday's statements from Total on its troubled project to extend the Lindsey oil refinery at Grimsby. The French company said the project was six months behind schedule, £100m over budget and plagued by low productivity. Still, we should worry about the hint of menace from a company that is, after all, investing in Britain.
Saturday 13 June 2009
Even though the Bank of England base rate remains at an all-time low, the current account market is very much alive and kicking with Alliance & Leicester (A&L) and Abbey having increased the rates on some of their current accounts.
Tuesday 12 May 2009
Thursday 23 April 2009
Sagging exports have pushed Japan's trade balance into its first annual deficit in nearly 30 years. The numbers underscore the country's dependency on world trade, which has buckled under the pressure of the global economic slowdown.
Tuesday 03 March 2009
Trade has become another casualty of the global economic crisis. The slump in demand and the difficulties to access trade finance have led to a significant contraction of the world trade. According the current estimates, world trade will contract by some 3 per cent in 2009, the first decline in trade growth since 1982. Just as trade tends to grow faster than output in good times, it typically contracts faster in times of recession.
Tuesday 13 January 2009
A collapse in exports sent the UK's trade deficit in goods to a record £8.3 billion in November, official figures showed today.
Tuesday 25 November 2008
The Government offered an olive branch to big business yesterday by pledging tax cuts on foreign subsidiaries but lawyers warned that it will not be enough to staunch the flow of companies relocating abroad.
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