Daily Express

As exports soar to a record high

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exports of goods and services rose to a record high of £620billion.

“Far from the negative forecasts after the EU referendum, there is every reason to be optimistic.”

In other good news, the UK’s current account deficit was £17.7billion, £1.8billion down on the revised deficit in the previous period.

The figures raise speculatio­n that there could be an increase in interest rates. Howard Archer, chief economic advisor at forecaster­s EY ITEM Club, said: “We expect the Bank of England to raise interest rates twice in 2019, taking them up to 1.25 per cent.” LIKE a healthy person besieged by doctors saying “you look wan and peaky, come to my surgery”, the economy continues to do just fine.

Jobs go on being created and productivi­ty per hour is now rising at nearly four per cent a year.

Unemployme­nt is at an all-time low. The public finances are improving fast and public debt has been PROF PATRICK MINFORD falling as a percentage of GDP for two years – because growth is steady.

What Remainers have missed is how the Brexit devaluatio­n of 15 per cent has made exports surge while sensibly restrainin­g our consumer spending.

Exports are growing fast to all parts of the world and foreign investment continues to grow strongly.

We now need Mrs May to take a firm line with Brussels so we can move ahead with a proper Brexit – free global trade deals and our own commonsens­e regulation­s.

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