Wednesday, March 09 2011
The UK trade deficit shrank by more than expected in January as exports jumped 5.4 per cent to £25.1 billion, the highest level since records began in 1980.
At £7.1 billion the deficit was the lowest since February 2010 and beat analysts’ expectations.
Prime Minister David Cameron welcomed the data, telling the House of Commons "this is exactly the sort of rebalancing our economy needs".
Promoted by Alan Mabbutt on behalf of the Conservative Party, both at 30 Millbank, London, SW1P 4DP