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The Current Account on the UK Balance of Payments - Explained

This video explains why money moves around different countries. It looks at historical data on the UK's current account balance and on the flow of money into and out of the UK. This video explains why money moves around different countries. It looks at historical data on the UK's current account balance and on the flow of money into and out of the UK. It has a brief description of how the UK's current account fits alongside the UK's capital and financial accounts within the UK's balance of payments.Click the line below to view our Balance of Payments methodology pages for a more in depth explanation of how the current, capital and financial accounts work together in the UK's balance of payments.http://www.ons.gov.uk/ons/guide-method/method-quality/specific/economy/balance-of-payments/index.htmlWould you like to know more about how the UK interacts with the rest of the world?5 facts about foreign owned businesses in the UKhttp://www.ons.gov.uk/ons/rel/abs/annual-business-survey/business-ownership-in-the-uk--2012/sty-abs-business-ownership.htmlUK trade statisticshttp://www.ons.gov.uk/ons/rel/uktrade/uk-trade/index.htmlTop 50 countries visiting the UK and their spendinghttp://www.ons.gov.uk/ons/rel/ott/travel-trends/2013/info-visit-numbers.htmlHow has London tourism changed over the last 10 yearshttp://www.ons.gov.uk/ons/rel/ott/travel-trends/2013/info-london-overseas.html

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