UK profits are falling. Last week's official figures show that the share of profits in national income fell to a ten-year low in Q2. Since real GDP peaked in 2007Q4, profits have fallen six per cent in nominal terms whilst wage incomes have risen 10.7 per cent.
To continue reading, register today
to enjoy limited access to the following:
- Daily trading news
- Funds coverage
- Features on big investment themes
- Comprehensive companies coverage
- Economic analysis