UK trade deficit widens as fall in sterling fails to improve export sales
by Angela Monaghan from on (#2YWX2)
Brexit negotiators urged to safeguard terms of trade with EU amid signs UK becoming more dependent on deals with bloc
Britain's trade position with the rest of the world worsened in June as the sharp fall in the value of the pound since the Brexit vote failed to lift sales of UK-made goods abroad.
The trade in goods deficit widened unexpectedly to 12.7bn, from 11.3bn in May, as exports fell by 2.8% but imports rose by 1.6% according to the Office for National Statistics. It was the biggest deficit in nine months and much wider than economists' forecasts of 11bn.
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