The following articles in the Economist raise issues about the pound strengthening against the Euro and it likely impact on the UK economy, assuming demand for UK exports is price elastic:
http://www.economist.com/node/21529049
http://www.economist.com/blogs/dailychart/2010/12/europes_economies
However whilst this suggests UK exports might becoming more price competitive in the Euro zone are we likely to see a rise in the value of UK exports. Also given current uncertainty regarding UK membership of the EU what is happening to the pound?
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