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Oh dear: UK goods trade deficit increases

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    Oh dear: UK goods trade deficit increases

    UK goods trade deficit increases
    The ONS said the gap hit £6.06bn in December, up from £6.01bn in November as chemical imports rose and exports of capital goods fell.

    However, the gap in both goods and services narrowed to £4.4bn, after a deficit of £4.5bn in November.

    For the whole of 2005, the UK's goods deficit hit a record £65.5bn.

    The deficit on goods and services also hit a record of £47.6bn, compared with a £39bn deficit in 2004.
    Never mind. Wan ker Brown will redefine his economic cycle again, and it will all be OK.

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