Reuters is reporting Gordon Brown as saying Britain aims to double its exports to China in the next 18 months. Well the way sterling is performing, we’ll probably double our exports to everywhere. The EUR/GBP cross has progressed up to .9050 at writing, while cable has slumped to 1.4120. The U.K. government is more than happy to see its currency weaken in order to aid the export sector. Benign neglect rules!!!! Lots of talk again of sterling reaching parity with the euro in the near future.