UK trade gap grows to £7.3bn

The UK's goods trade gap with the rest of the world widened to an 11-month high of £7.3 billion in December, official figures showed today.

The UK's goods trade gap with the rest of the world widened to an 11-month high of £7.3bn (€8.2bn) in December, official figures showed today.

The data disappointed City hopes of a narrowing trade gap helped by a weaker pound, as policymakers attempt to rebalance the economy towards exports.