UK’s Trade Deficit with EU Hits Record High Just Before Brexit Vote

by Peter Spence, Economics Correspondent

The UK’s goods trade deficit with the European Union has climbed to a fresh record high, according to the last official update on the economy’s trade before voters head to the polls on June 23.

The gap – the amount by which goods imported from the EU exceeds goods exported to it – increased to £23.8bn in the three months to April, the highest level ever recorded.

The fresh three month high came after a similar widening in the previous month, during which the EU goods deficit rose to a new monthly record.

Continue Reading at…