U.K. economic growth may lose momentum: Capital Economics

The pace of growth of the United Kingdome's economy might lose momentum due to a high level of the country's current account deficit, Capital Economics Chief UK Economist Vicky Redwood said on Thursday. A report released by the Office for National Statistics showed that current account deficit of the U.K. was upwardly revise to GBP 21.8 billion in the Q1.