Britain’s Deficit Dips: Britain announced that its...
From Times Staff and Wire Reports
Britain’s Deficit Dips: Britain announced that its current account deficit narrowed to $2.4 billion (1.54 billion pounds) last month, easing pressure on Prime Minister Margaret Thatcher’s embattled government. The slight fall from September’s $2.5-billion (1.6-billion-pound) shortfall was greeted with cautious optimism in London’s financial markets. British stocks rose, lifting the Financial Times-Stock Exchange index of 100 leading shares 27.5 points to 2,219.8 in late trading.
