UK Economics Correspondent, London
Andy's Feed
Feb 6, 2015

Oil import surge widens UK trade gap, but exports also grow

LONDON (Reuters) – Britain’s trade in goods deficit widened sharply in December on a surge in oil imports, making the trade gap for last year as a whole the biggest since 2010.

There were signs of a shift in the trade balance in the final quarter, when the goods deficit narrowed by the largest amount in three years as export volumes rose at their fastest since the second quarter of 2013.

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Feb 4, 2015

British business surges in January, boding well for growth

LONDON, Feb 4 (Reuters) – British businesses enjoyed an
unexpectedly strong start to the year, marked by faster hiring
and rising new orders that bode well for economic growth in
early 2015.

A monthly survey by Markit/CIPS of businesses in the
dominant services sector suggested the economy as a whole is
growing at a rate slightly above the 0.5 percent recorded in the
final three months of 2014.