Posts by Craig Berry & Scott Lavery

Craig Berry, SPERI Research Fellow & Scott Lavery, SPERI PhD student

Britain’s trade deficit persists in spite of sterling devaluation

Sterling’s falling value has not been exploited, exposing the coalition’s failure to rebalance the economy One of the professed goals of the coalition has been to ‘rebalance’ the UK economy away from debt-fuelled domestic consumption and into export-led growth.  Yet there is growing evidence that, in spite of a recent increase in growth and employment, the government is failing to … Continue reading

18 February 2014 by Craig Berry & Scott Lavery
Categories: British growth crisis, Finance, SPERI Comment