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UK current account deficit narrows to £12.7bn

The UK current account deficit narrowed to £12.7bn in the first quarter of 2021 as the reintroduction of restrictions to curb the spread of coronavirus hit the economy and dampened import demand.

UK current account deficit narrows to £12.7bn
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Figures from the ONS published today show the current account deficit – the difference between money flowing into the UK and money leaving – in quarter one was the equivalent of 2.3 per cent of GDP.

Read more at City AM. 

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