U.K. Trade Deficit Points to Export Drag in Fourth Quarter
This article is for subscribers only.
Britain’s trade deficit widened in the fourth quarter as exports fell, underscoring the economy’s reliance on domestic spending.
The value of imported goods and services outstripped exports by 10.3 billion pounds ($15 billion) compared with 8.6 billion pounds in the third quarter, the Office for National Statistics said in London on Tuesday.