Recent data presented a bleak outlook for UK exports, TM uncovers the reality behind the numbers.
In July and August news reports claimed an ever widening UK trade deficit. The Office for National Statistics (ONS) reported the deficit increased to £9.4b from £9.2b in May and Britain’s trade position worsened in June for the third consecutive month. Exports dropped by £400m in June to £23.5b, predominantly fuelled by a fall in…
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