A double deficit and a falling pound

As many economists have noted, a key problem for the UK is its negative international investment position (IIP), which fuels a large part of the country’s current account deficit. This is derived from the difference between total assets and liabilities of rest of the world holdings (RoW), and constitutes a net asset position of £269bn (in favour of foreigners).

Continue reading: A double deficit and a falling pound

As many economists have noted, a key problem for the UK is its negative international investment position (IIP), which fuels a large part of the country's current account deficit. This is derived from the difference between total assets and liabilities of rest of the world holdings (RoW), and constitutes a net asset position of £269bn (in favour of foreigners).

Continue reading: A double deficit and a falling pound

About that Sports Direct rout

While lots of people marvelled at the supposed resilience of Britain’s benchmark stock index on Friday in the wake of the sterling crash, one particular faller stood out.
Continue reading: About that Sports Direct rout

While lots of people marvelled at the supposed resilience of Britain's benchmark stock index on Friday in the wake of the sterling crash, one particular faller stood out.

Continue reading: About that Sports Direct rout