In the News
The UK's rising trade deficit
10th December 2015
The UK's trade deficit shot up to £4.1bn in October 2015, from £1bn in September. One major contributing factor has been a significant increase in the demand for imported trucks and delivery vehicles for couriers in the lead up to the Christmas shopping season. The deficit in visible trade (i.e. trade in goods) has also increased, causing concern that the government's attempt to rebalance the economy in favour of manufacturing is not working - the situation isn't helped by falling North Sea oil exports and rising oil imports.
You might also like
Balance of Payments - Policies to Improve Trade
Study Notes
Balance of Payments (Revision Presentation)
Teaching PowerPoints
Balance of Payments - Trade Imbalances
Study Notes
Four facts about UK manufacturing industry
22nd October 2014
Britain’s New Industrial Policy: Can We Learn from the Mistakes of the Past?
13th December 2013
Does Manufacturing Matter?
10th January 2012
Measuring the Balance of Payments
Study Notes
Balance of Payments - Current Account Deficits
Study Notes