New Labour and HMG revive trade deficit

Discussion in 'Current Affairs, News and Analysis' started by whitecity, Apr 2, 2010.

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  1. The current account recorded a deficit of £1.7 billion in the fourth quarter of 2009, down from a revised deficit of £5.9 billion in the previous quarter. The fourth quarter deficit is equivalent to -0.5 per cent of GDP, compared to -1.7 per cent of GDP in the previous quarter.

    Here's the full story...

    Balance of Payments: UK current account deficit falls