•The United Kingdom’s (UK) current account deficit was £23.1 billion in Quarter 2 2014, up from a revised deficit of £20.5 billion in Quarter 1 2014. The deficit in Quarter 2 2014 equated to 5.2% of GDP at current market prices, up from 4.7% in Quarter 1 2014. •The widening of the current account deficit was due to a widening in the deficits on the primary and secondary income accounts, partially offset by an improved trade deficit. •The trade deficit narrowed to £6.5 billion in Quarter 2 2014, from £7.4 billion in Quarter 1 2014, mainly due to a widespread fall in the import of services. •The primary income deficit ... (full story)