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We have been running a negative current account balance for decades now. https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/timeseries/hbop/pnbp

• graemep 2y ago
  That includes services, and reflects success of polices in attracting inward investment. You cannot have it both ways: capital account + current account + changes in foreign currency holdings have to balance, and the last is small comparatively.