Record UK external deficit will cut long-run GDP
The UK current account deficit was 7.2% of GDP in the first quarter and it remains high, raising broader economic fears
You must be signed in to read this analysis
In this article
- Growing imports of finished goods and energy
- Currency pressure
- Funding the deficit
- Confidence among investors and ratings agencies
- Outlook
What is this?
This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.
