Record trade gap in UK
Britain's trade gap rose to a record high in January as exports to the United States fell considerably.
The trade gap in goods and services rose to £5.6bn (€8.28bn)in January from a revised £4bn (€5.92bn) in the previous month compared with forecasts of £4.2bn. (€6.21bn), the office for National Statistics showed.
Analysts blamed the currency fluctuations for the figures as the US dollar reached 11-year lows against sterling.
Britain's manufacturing industry also should signs of struggling as competition from the Far East and China bit hard.
