Current account deficit issues

Thanks to tutor2u for this interesting post
http://www.tutor2u.net/economics/blog/the-current-account-and-our-imperial-legacy?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Tue%2012th%20April%202016&utm_content=Economics%20daily%20digest%20Tue%2012th%20April%202016+CID_6293141f616c602f8731e6d3f84a1fac&utm_source=CampMonitor&utm_term=The%20Current%20Account%20and%20our%20Imperial%20Legacy%20On%20the%20day%20that%20George%20Osborne%20received%20some%20good%20news%20on%20economic%20growth%20figures%20were%20released%20on%20the%20current%20account%20that%20showed%20in%20the%20last%20quarter%20of%202015%20the%20deficit%20was%207