Heathrow Airport: Exchange Desk and Charts Show

heathrow airport: Charts show that when adjusted for different patterns of trade down the ages it is at its lowest for 168 years, according to The Guardian. If you have been gouged by a foreign exchange desk at Heathrow airport, this is a bad thing. The pound has been falling on the foreign exchanges and, like a patient in intensive care, there are daily bulletins about its health. If you consider sterling to be a symbol of national virility, it is a bad thing. The Brexit economy: post-referendum data defies gloomy UK predictions Read more But put the Brexit vote to one side for a second and ask yourself the following questions: is the economy currently unbalanced Is growth too dependent on consumer spending and asset price bubbles Is the productive base of the economy too small Is it a problem that the UK is running a balance of payments deficit worth 6% of GDP, bigger than ever before in peacetime If your answer to these four questions is yes – as it should be – then you need to accept that there is an upside to the falling pound. If you think that the future for the UK outside the European Union is unremittingly bleak, it is definitely a very bad thing. (news.financializer.com). As reported in the news.