Thursday, May 13, 2010
Trade deficit widens
Posted by David Smith at 10:00 AM
Category: Thoughts and responses

Sterling has not responded that enthusiastically to the coalition government and the latest trade figures will not help its cause. The goods and services deficit widened dramatically to 3.7 billion in March, from 2.2 billion in February. The figures may be revised but there's still some way to go before Britain's recovery can be said to be led by net exports. More here.