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UK trade deficit widens in June

The UK trade deficit in goods and services almost doubled in June to 1.6bn, from 885m the previous month, the Office for National Statistics says.

Record imports and strong consumer demand boosted the US trade deficit by 7.1% in June

Failure to fund enough industry-wide research undermines the industrys future, relevance and compensation, the authors write.

The UK trade deficit narrowed to 1.2bn in April from 3.1bn in March, figures from the Office for National Statistics show.

The new Conservative government should make bringing down the deficit a priority, members of the Institute of Directors (IoD) have said.

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