UK trade performance falls to worst level on record in first quarter. Financial Times 30th June 2022

The ONS (Office for National Statistics) has made adjustments to increase the confidence in these figures. They are frightening.

Paul Dales, chief economist at Capital Economics, said the most noteworthy elements in the figures was a 4.4 per cent fall in real exports and a huge 10.4 per cent leap in real imports.

I am just a normal consumer. In the last week, I’ve seen essential products (for my Mercedes car) for me from Germany, took three weeks to arrive, when a few years back they would have taken three days. The price looks to have gone up at least 50%


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