Trade gap narrows thanks to non-EU business

Reuters
"Britain's goods trade deficit with the rest of the world narrowed more than expected in November, after the country's deficit with non-EU countries fell to its lowest since late 2005, official data showed on Tuesday.The Office for National Statistics said that Britain's global goods trade gap narrowed to 6.784 billion pounds in November from 7.016 billion in October, after imports dropped 0.8 percent over the month while exports rose 0.1 percent.Economists had forecast a deficit of 7.0 billion pounds. ..."The UK trade figures continue to disappoint," said Vicky Redwood at Capital Economics. "Although the trade deficits narrowed slightly in November, they reversed only a small part of the deterioration seen over the previous couple of months."