"A weak currency is the sign of a weak economy,which is the sign of a weak government"
Gordon Brown, 1995
Would Gordon Brown care to comment on his reported remarks bearing in mind the standing of Sterling or will he persist in his claims that the UK economy is much better placed compared to other countries? Maybe the BBC could question Gordon Brown or Alistair Darling on this matter and not let them get away with the line that they do not conduct a day-to-day commentary on the exchange rate.
I was reminded of this as the Pound falls to a five month low against the Euro and has dropped against the dollar as well. The reason, warnings that UK public debt levels may not be sustainable. Any comments from "Prudence"?
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