The value of sterling has a critical effect on the exchange rate and the success of exporting manufacturers, and yet it is rarely debated. Nick Peters sat down with John Mills to discuss the issues.
As a nation, we view a high exchange rate as a virtue, but for manufacturers, it is a millstone around our collective neck. For all the potential impact on UK manufacturing and our national balance of payments that reshoring might produce, there is a nagging question that might serve to undermine…
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