The current account deficit has come down from £10.5bn in Q3 to £8.5bn in Q4 2011. The trade deficit is also down from £8.8bn in Q3 to £7.1bn in Q4 2011 and the income surplus increased by £0.6bn to £4.6bn according to a balance of payments statistical bulletin from the ONS. The current account deficit for the whole of 2011 was £29bn.
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