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15 March 2021 - Economy to contract in Q1
"The UK economy shrank in January.
The barely surprising statistic that the economy contracted by 2.9% in January and the fact that it was appreciably better than predicted barely registered.
The lifting of lockdown measures, the barely credible success of the vaccination programme and the forward-looking measures announced by Rishi Sunak in the Budget have given the country a shot in the arm that was becoming desperately needed.
The debt of gratitude the nation owes to both the NHS and the scientists who discovered the vaccine is immeasurable and may in time be compared to the breaking of the enigma code in World War Two.
The world's economy has been subject to globalization as just about every form of communication has been sped up and forever changed by the digital age and the invention of the world wide web and internet.
"
Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.
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By CurrencyTransfer
5
11 ratings
"The UK economy shrank in January.
The barely surprising statistic that the economy contracted by 2.9% in January and the fact that it was appreciably better than predicted barely registered.
The lifting of lockdown measures, the barely credible success of the vaccination programme and the forward-looking measures announced by Rishi Sunak in the Budget have given the country a shot in the arm that was becoming desperately needed.
The debt of gratitude the nation owes to both the NHS and the scientists who discovered the vaccine is immeasurable and may in time be compared to the breaking of the enigma code in World War Two.
The world's economy has been subject to globalization as just about every form of communication has been sped up and forever changed by the digital age and the invention of the world wide web and internet.
"
Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.