Corporate performance events: UK deficit

The rising UK trade deficit will undoubtedly be a topic of discussion at corporate performance events this year. And there is little in the way of good news after Britain’s trade-in-goods deficit hit a record high in November.

The impact of surging oil imports is said to have outweighed the recent boom in exports. The deficit grew to £8.7 billion in November which was an increase from October.

Economists are said to have been surprised that trade performance has not yet boosted growth. Yet the opposite was generally the case in 2010. The trade deficit has largely been caused by rises in imports from non-EU countries.

The Government has recently made cutbacks in public sector spending, and is relying on the corporate sector to lead the way to economic recovery.

Marcus Evans presents corporate performance events, created by experienced professionals and with information presented by industry experts.