Economics The trade gap in goods stayed at a record level during August, as exports failed to receive a boost from the cheaper pound. July’s trade in goods gap was revised up from £7.6 billion to £8.2 billion, and the deficit remained at this level in August, the largest monthly deficit since records began in 1697. The overall trade gap, including the contribution from services, narrowed slightly to £4.7 billion in August, from £4.8 billion in July. House prices fell for the eighth month in September, wiping more than £2,000 from the value of the average home, according to figures from the Halifax. The average property price is now £172,108, down from about £200,000 in September last year. This 13.4 per cent annual fall is the largest decline since Halifax’s records began in 1983. German exports fell by 2.5 per cent...
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