Exports to Europe drop - Papers 11 June

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EXPORTS FROM the UK to the eurozone dropped by 13% in April and slipped 5% during the latest quarter...

EXPORTS FROM the UK to the eurozone dropped by 13% in April and slipped 5% during the latest quarter - shattering optimism of an increase in sales amid the recent slide of sterling against the euro, writes The Scotsman. National Statistics figures show that in April this year, the UK made sales to the eurozone of just £8.05bn compared to £9.25bn in the same month last year. The decrease came despite a falling sterling rate that should have made UK exports considerably more attractive. Analysts say that the figures emphasise the gap between the UK and continental economies - a...

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