The Trader 

Market Outlook: UK posts a record trade surplus in November

The Trader

I didn’t think I’d see the day when Britain managed a trade surplus, something it’s failed at miserably since the mid-1980s; from 1955 to 2019 the UK had an average trade deficit of £1263 million. Published by the ONS yesterday, November’s trade surplus was £4031 million, a sensational record high and compares with a record £8145 deficit in March 2019. The trade in goods alone resulted in a deficit of £5256 in November and a non-EU surplus in goods and services of £1734.

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