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P133 CEEFAX 133 Fri 12 Nov 16:10/47       POLITICS  OPPOSITION CAUTIOUS OVER DEFICT Labour and the Liberal Democrats have cautiously welcomed the improvement in the trade deficit. But Labour's Derek Fatchett said: "The overall figures for the year will still be disappointing, in the context of a recession." And Lib Dem Malcolm Bruce said: "A trade deficit of any size after such a deep recession offers an extremely worrying prospect for the UK's outlook." He said many British firms were not internationally competitive.  Next News Home News Flash TV/Radio