UK Manufacturing Increases In December
More positive economic news was reported by Bloomberg today when they stated that manufacturing in the United Kingdom in December increased at its fastest pace in sixteen years. Although politicians will point to various policies it has enacted since the minority Conservative government took over in May 2010, Bloomberg points to cheaper British exports being the primary reason for the increase. The British pound has fallen 7.8 percent over the last year when compared with the currencies of the leading ten developed nations.
