UK Exports fall despite collapsing Pound

The following is a quote from Euronomics linked here: ...in the U.K., exports fell by 3.5%, and in Germany exports fell by a more modest 0.5%.

U.K. exports declined despite the pound's rapid decline in value against other major currencies. Against the euro, it has fallen to an all time low of GBP0.8737 Monday from an average of GBP0.80 in mid-July.

"Slowing global growth outweighed the beneficial impact of the weaker pound," said Howard Archer, chief U.K. and European economist for IHS Global Insight.

Even Irwin Stelzer, Rupert Murdoch's guru, has now turned on the demented and ignorant Gordon Brown in the Daily Telegraph, here. As Woolies is about to close, the pound continues to plunge and even our EU partners stand amazed and outspoken at the Government's incompetence..... surely UK citizens will now awake and take steps to rid themselves of the cause of their growing miseries?