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23rd Feb 2017 03:43U.K., Economic Monitor

This week's GDP figures showed that firms invested only sparingly in 2016, but their financial fortunes have been bolstered by a recovery in profits. The gross operating surplus of all firms rose by 4.5% quarter-on-quarter in Q4, the biggest increase for 11 quarters. This pushed the share of GDP absorbed by profits up to 21.3%, just above its 60-year average of 21.2%.

gdp exporters sterling brexit labour costs payrolls pension contributions households inflation bank of England import costs profit share

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Keywords for: 24 February 2017 Is Sterling's Depreciation a Blessing or a Curse for Profits?

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