Aunty Madge is a regular commentator on political and national news. Just an ordinary citizen.
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The balance of payments is a record of a country’s economic transactions with the rest of the world. It comprises the current account, capital account, and financial account. The current account includes trade in goods and services, while the capital and financial accounts track capital flows.
A positive balance of trade occurs when a country exports more goods and services than it imports. For Britain, this implies that it is selling more abroad, leading to a surplus. This surplus contributes to a positive current account balance, bolstering the overall balance of payments.
Benefits of a positive balance of trade for Britain include increased foreign exchange reserves, which can stabilize the currency, lower interest rates, and foster economic growth. It also indicates international competitiveness and can enhance the nation’s economic stability.
Spending less on foreign holidays and cars and buying British helps the balance of trade.
Lending your vote is a way to vote that helps people make smart choices based on specific issues during an election, regardless of political allegiances.
Those who speak of gods or kings have little reasoning and are not to be trusted.
The majority of these are given refugee status or discretionary leave.
Discretionary leave to remain is a type of immigration permission that is given to certain immigrants who cannot be processed under existing UK immigration rules.
Many have been denied refugee status, yet there is a lack of clarity regarding the manner or location of their return to their country of origin.