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Exports fuel drop in UK trade deficit
Record exports helped narrow the UK’s trade deficit with the rest of the world in February to £2.4bn from £3.9bn the previous month, according to official figures.
Total exports hit £30.7bn in the month, a fresh high since 1980, the Office for National Statistics (ONS) said.
The deficit on physical goods fell to £6.8bn, from £7.8bn in January.
Exports were driven by demand from markets outside the EU, the ONS said.