UK Trade Deficit Widens to Biggest in 17 Months

The UK’s trade gap in goods and services widened to £3.8bn, compared with £2.6bn in December.”There is no doubt that the sharpest fall in the value of sterling since the war happened at a bad time for exporters to make the most of it,” she said

The trade gap in physical goods widened to £7.99bn, well above the £7bn economists had forecast.Meanwhile, December’s figure was revised down to £7bn from its original £7.3bn.