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Felixstowe Barometer of the Economy?

Jim Riley

25th April 2009

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Another cracking video clip from the BBC this time a report from the port of Felixstowe. In previous recessions trade into and of the port has grown (although at times slowly) but with the current global crisis there has been a 20% drop in the amount of traffic into and out of the port. A pretty serious sign as to the magnitude of the current downturn. The report also looks at the regional multiplier effects of reduced activity at the container port.

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Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.

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