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Balance of payments, UK: April to June 2026
The underlying UK current account deficit, excluding precious metals, narrowed to £11.3 billion, or 1.4% of gross domestic product (GDP) in Quarter 2 (Apr to June) 2026; this is a change of £3.0 billion compared with the deficit of £14.3 billion in the previous quarter. The UK current account deficit, including trade in precious metals, narrowed by £1.2 billion to £19.9 billion, or 2.5% of GDP, in Quarter 2 2026. The total trade deficit, excluding precious metals, narrowed to £4.2 billion, or 0.5% of GDP, in Quarter 2 2026, compared with £9.4 billion in the previous quarter; the goods deficit narrowed to ... (full story)