I do find it funny, "Pound to new low" and they show a graph that looks like someone has fallen off everest, then you look at the small print and it dropped .....1 cent, that's not even a full penny.
That's what, 50 years ago? As it stands now, UK productivity isn't where it should be to compete globally, surely?
I don't feel most countries are to be honest, even china has slowed right down but this like most things are down to market saturation and the tariff wars between the U.S and the eu/China. If you keep a wider view just beyond the U.K. you'll remember at the beginning of the year Germany was in a technical recession.
But French and German productivity is higher than ours........and they’re in the EU.........how does that work then?
I suggest you read from page 1 - and try and learn a bit about the EU project and how it's geared to benefit Germany and France more than anyone else other than the EU Council personally of course Italy, Spain and the other smaller countries are not fairing so well...