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UK current account deficit at 22.4bn

The UK's current account deficit was larger than expected in the final quarter of last year, official figures show.

The size of Scotland's public spending deficit has risen, according to the latest Scottish government estimates.

Japan's current account deficit hits a record 1.5tn yen ($15bn; 8.7bn) in January, as economic growth figures are revised downwards.

BBC chief economics correspondent Hugh Pym explains the terminology of government debt with the aid of some coloured sweets.

The truth about the UK's borrowing and debt

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