• The UK’s current account deficit was £15.2 billion in the third quarter of 2011, the highest on record. • The trade deficit widened to £9.9 billion in the third quarter of 2011, up from £7.2 billion the previous quarter. • The income surplus was £0.3 billion, the smallest surplus since the fourth quarter of 2000. • The financial account recorded net inward investment of £22.0 billion during the third quarter of 2011. • The international investment position recorded UK net liabilities of £245.5 billion at the end of the third quarter 2011 The UK current account recorded a deficit of £15.2 billion in the third ... (full story)