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.
To continue reading, register today
to enjoy limited access to the following:
- Daily trading news
- Funds coverage
- Features on big investment themes
- Comprehensive companies coverage
- Economic analysis