The UK Current Account – speech by Ben Broadbent

There has been a sharp, and welcome, bounce in economic activity in the UK. But it has been accompanied by an equally sharp deterioration in the balance of payments. From 1½% of GDP in 2011 the deficit on the current account – the combined balances for trade, asset income and transfers – widened …

Originally posted here:
The UK Current Account – speech by Ben Broadbent

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