Sterling Digest: January 10, 2012

faithmight

Bulb City by red_lion, on Flickr

My neighborhood in a light bulb

With no economic data being released out of the UK today, this digest takes a bit of a closer look at British industry. We all know that recent UK PMI numbers have been better than expected despite a stagnating British economy and a slowing global economy. While some pundits and market participants remain skeptical, when examined on a case-by-case basis, companies are still moving into the United Kingdom inducing economic activity. However, it remains to be seen if there will be a sustainable impact on the economic data and UK GDP.


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