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Britain's Trade Deficit Widens

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The trade deficit in goods grew to £8.5bn from September’s revised figure of £8.4bn, according to the Office for National Statistics, rather than shrinking to £8.1bn as analysts expected.

The gap widened as imports increased 3.4pc on the previous month to reach £31.6bn, a record high driven by UK businesses buying in more chemicals from Europe.

Exports could not keep up with the size of the rise, even though they grew 4.1pc to £23.1bn, the most since May 2006 and in line with encouraging data from manufacturers in recent weeks which shows demand picking up.

The currency debasement is working well.

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Guy in comments section is clueless.

The true figures will be a lot worse due to two factors. Firstly goods manufactured abroad by companies like Dyson are included as British manufacture, which they are not.

Wrong wrong wrong.

Edited by Ruffneck

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I think you have failed to swallow the waffle and bs we have had on the

propaganda outlets recently about how well the UK is doing.

Back to indoctrination school for you.

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