It's the most important statistic you’ve probably never heard of - and it's just been updated. The good news - wait for it - is that Britain is happily one step further away from economic oblivion than seemed the case three months ago. The international investment position – the comprehensive calculation of just how much Britain owes to other countries around the world – improved in the third quarter. This is … Continue Reading ››
British banks pulled more money out of France than any other country in the world during Q3. Figures from the Bank of England. Full release here [pdf].