Weakness in sterling having positive effect on manufacturers as goods made in Britain become cheaper for buyers overseas British manufacturers and retailers are reporting an upswing in sales, despite fears Brexit could hamper future growth, as the weak pound bolsters exports abroad and consumer spending at home. Retail sales increased by 1.3% on a like-for-like basis last month from August 2016, when they fell 0.9%, according to the British Retail Consortium. Meanwhile the EEF manufacturers' org...
Weakness in sterling having positive effect on manufacturers as goods made in Britain become cheaper for buyers overseas British manufacturers and retailers are reporting an upswing in sales, despite fears Brexit could hamper future growth, as the weak pound bolsters exports abroad and consumer spending at home. Retail sales increased by 1.3% on a like-for-like basis last month from August 2016, when they fell 0.9%, according to the British Retail Consortium. Meanwhile the EEF manufacturers' org...
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