Tue, 26 Aug 2014 09:25:13 GMT
Stronger Cable not an issue
The British Pound has been climbing high since last year, gaining overall 13.64% against the Greenback. The significant increase was stimulated by economic growth well ahead of the expectations, poor macroeconomic data from the U.S side and a hawkish tone of the Bank of England. Although few U.K manufacturers report decline in export numbers, experts explain the phenomenon by sluggish