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Pound regaining its value as UK manufacturing thrives -

1 Sep 2016 12:00 AM | Anonymous

After the Brexit vote, the pound value fell more than 10% against the euro and dollar. On one hand, this meant that the export market received a boost, but on the other costs for firms have risen significantly. According to a BBC report, following the release of the Purchase Manager’s Index (PMI) research, the pound value jumped by 1% in August. You can read the full report http://www.bbc.co.uk/news/business-37242804.

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Related news: http://www.sourcingfocus.com/site/newsitem/uk_manufacturing_suffers_with_brexit_uncertainty/

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