Now it is a small stable economic growth in the UK. Unemployment is on the low level, property prices increase, wages rise quite moderately, but inflation is at around zero, and a slight increase in wages is supporting purchasing power. The interest rates are also low and at the moment they are not going to grow. There is one risk to the UK economy – a large current account deficit of the balance of payments. As Mr. King, the former governor of the Bank of England, stated – UK must reduce its
SOURCE: FXstreet.com – Read entire story here.

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