By Daniel Hunter

The UK's trade deficit widened in September, denting hopes of the economy becoming re-balanced.

The difference between how much money the UK spends on imports and makes from exports from £2.8bn in September, up from £1.8bn in August.

The increase was as a result of a large increase in imports. Exports increased by £0.9bn to £40.9bn, whereas the value of imports was up £2bn to £43.7bn.

Maeve Johnston, UK economist, Capital Economics, said: "September's trade figures provide further evidence that the UK economy is struggling to rebalance towards the external sector.

"We remain optimistic that exporters will benefit from stronger global growth next year and that the economy can still rebalance gradually towards the external sector over the medium term."

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