P.M. BRIEFING : British Trade Gap at 3 1/2-Yr. Low
From Times Wire Services
LONDON —
Britain’s trade gap fell dramatically in September to the lowest monthly figure in 3 1/2 years, the government reported today.
The current account deficit declined to $1.67 billion from August’s $2.35 billion, the Central Statistical Office said. It was the first time the trade gap was below $1.96 billion this year.
The improved trade picture was a bonus for Prime Minister Margaret Thatcher’s Conservative government following other gloomy economic figures recently.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
