No sign of an export-led recovery

The UK’s deficit on trade in goods reached a record level of £9.2bn in December, and compares with a deficit of £8.5bn in November. Exports rose by £0.3bn and imports rose by £1.1bn, according to figures just released by the Office for National Statistics. Fortunately, the surplus on trade in services remained robust in December, although at £4.4bn it was … Continue reading

Posted by Nigel Tree | Comments Off on No sign of an export-led recovery