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Record UK trade deficit as planes halted by snow

first_img Tags: NULL Wednesday 9 February 2011 7:45 pm Show Comments ▼ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndo Record UK trade deficit as planes halted by snow Share center_img whatsapp KCS-content EXPORTS fell in December, widening the UK trade gap in goods to a record £9.2bn from £8.5bn the month before, official data revealed yesterday.The deficit in services narrowed slightly, to £4.4bn, from £4.5bn in November, the Office for National Statistics (ONS) reported.As well as the debilitating effect of December’s freeze, the trade in aircrafts was identified as a possible cause behind the shock figures. The ONS cited changes in the application of VAT to aircrafts as a possible cause behind a surge in imports.“Aircraft imports rose by £0.7bn in value terms, accounting for more than half of the £1.1bn rise in overall goods imports,” noted Vicky Redwood of Capital Economics.Overall, the deficit in goods and services rose to £4.8bn – from £3.9bn in November – while exports, excluding oil and erratic items, were down 1.3 per cent. Yet, the outlook for UK exports is bright, said Andrew Goodwin of the Ernst and Young Item Club. “There is evidence of strength across the world, but the main impetus is coming from emerging markets,” he said. “Exports of goods to China rose by 41 per cent in 2010.” More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com whatsapplast_img read more