CHRISTMAS IN BRITAIN
FEELING OF CHEERFULNESS
IMPROVED TRADE
ENCOURAGING SIGNS (British Official Wireless.) lice. 1 p.m. RUGBY, Dec. 22. People in Great Britain have good reason to celebrate Christmas in a cheerful spirit, for the conditions are now much better than a year ago, indeed, for some years, and there is general confidence that the improvement will continue. This feeling' is strengthened by the multiplication of encouraging signs trom all parts of the country. Trade lias continuously improved. Unemployment, .dtliougli still large, has substantially diminished. The revenue returns show that the finances of the country compared with a year ago have improved between £60,000,000 and £70,000,000.
The Budget outlook is distinctly bright
Railway traffic returns —one of the most reliable indie as of conditions—have been distinctly Favorable, and the tone of the Stock Exchange unusually linn. Tho improvement in trade, particularly in the retail trade is borne out by the expansion iu the note circulation, which last week rose to £389,863,916. This is the highest- figure publicly recorded since the amalgamation of Treasury notes with the Bank of England note issue. The total compares with £370,097,654 last year.
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Bibliographic details
Poverty Bay Herald, Volume LX, Issue 18279, 23 December 1933, Page 6
Word Count
188CHRISTMAS IN BRITAIN Poverty Bay Herald, Volume LX, Issue 18279, 23 December 1933, Page 6
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