Britain’s trade deficit widened in the first quarter of 2016 to its biggest since the early days of the financial crisis, adding to signs that global weakness is weighing on the economy.
The shortfall in the first three months of the year widened to 13.273 billion pounds from 12.205 billion pounds in the last three months of 2015, its biggest for any calendar quarter since the first quarter of 2008, the Office for National Statistics said.
The deficit in goods alone widened to its highest since comparable records began in 1998 at 34.694 billion pounds.
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