Article 1D89V UK trade deficit with EU hits new record

UK trade deficit with EU hits new record

by
Larry Elliott Economics editor
from on (#1D89V)
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Gap between exports and imports in the first three months of 2016 widened by 0.7bn to nearly 24bn

Britain's trade deficit with other European Union countries is running at a record high level ahead of the referendum next month, official figures show.

The latest healthcheck from the Office for National Statistics on goods coming in and going out of the UK reveal that the gap between exports and imports in the first three months of 2016 widened by 0.7bn to 23.9bn.

Related: Business support for EU membership has fallen in run-up to vote

Related: EU referendum: top economic thinktank warns of post-Brexit shocks

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