Balance of Payments Slides Deeper

Summary


Britain's balance of payments slid deeper into the red in the third quarter of this year as the surplus on income declined and the trade position with countries outside the EU swung from surplus into a deficit.

National Statistics reported yesterday that the shortfall on the current account deficit during July to September widened to pounds 9.4 billion from pounds 8.3 billion in the third quarter of the year.

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Extract


Balance of Payments Slides Deeper

NS said the second-quarter deficit was ...

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