Finance Matters

The Office for National Statistics (ONS) has today revealed the UK’s trade deficit narrowed in February. According to the ONS, the global goods trade gap narrowed to £6.8 billion in the month from £7.8 billion in January. Analysts had expected a widening in the deficit to £8.1 million. Stripping out oil and erratic items, the [...]

The Office for National Statistics (ONS) has today revealed the UK’s trade deficit narrowed more than expected in January, as exports surged. According to the ONS, the global goods trade gap narrowed to £7.09 billion in the month from £9.69 billion in December. The deficit represents the smallest in almost a year and economists had [...]

China’s trade surplus narrowed to $20 billion (£13 billion) last month as imports surged ahead. However, August still represented the third consecutive month in which China’s trade surplus exceeding $20 billion. Imports soared 35.2% on an annual basis – far exceeding the 26.1% expected by analysts. Meanwhile, exports slowed to 34.4% on an annual basis, [...]