Weren’t we all supposed to be exporting our goods and services to the world by now – a leaner, more competitive UK?


Oh, so that was another Tory lie then. That’s good to know, isn’t it?

The UK’s trade deficit – the difference between the amount it imports and exports – widened considerably in October, according to official figures.

The monthly deficit was £4.14bn, up from £1.07bn in September.

Between August and October there was a deficit of £8.4bn, a £2.4bn increase from the previous quarter, the Office for National Statistics (ONS) said.

The growing deficits were due to a big increase in imports of goods, combined with a small decrease in exports.

Source: UK trade deficit widens in October – BBC News

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