The Centre for Economics and Business Research (cebr) finds there has been a change in goods exports over the past 3 months – with the non-EU exports overtaking EU exports by 1.5%. This is both because exports to the EU have fallen, and because exports to non-EU countries have grown.

A UK balance of payments surplus is also expected by cebr in the long term, partly because of more exports, and partly because the squeeze on UK incomes means that overall imports to the UK are likely to fall.

www.cebr.com/?p=939
Sources: CEBR, ICAEW