U.K. | 1 October 2018 The Current Account Deficit Remains Sterling's Achilles' Heel
The U.K.'s still-large current account deficit makes us nervous that sterling will need to depreciate further over the medium-term and would collapse if Brexit talks fail, causing international investors to take flight.
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By Samuel Tombs
The U.K.'s still-large current account deficit makes us nervous that sterling will need to depreciate further over the medium-term and would collapse if Brexit talks fail, causing international investors to take flight.
Posted: 1st Oct 2018 in 'U.K.'
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