Prospects for the UK hang in the (im)balance
One of the positive by-products of the UK economic downturn over the past two years - and there have not been many - has been the improvement in the UK’s economic imbalances. It is hoped that these improvements, if sustained, will eventually leave the UK economy better placed to benefit from the next cyclical upturn. So what is meant by the UK’s imbalances; why have they improved; and what are the implications for the UK economy over the coming years? Opposite sides of the same coin There are
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