On the BBC Radio 4 Today programme this morning, Michael Bloomberg, former mayor of New York was interviewed. On two seperate occasions during the interview he asserted the utter falsehood that the UK enjoyed a trade surplus with the EU. The UK in fact suffers a massive trade deficit with the EU, a central plank in the economic argument against EU membership. In the first three months of this year our trade deficit with the EU reached almost £24 billion. On neither occasion during the interview was Mr Bloomberg challenged on this out-and-out deliberate lie. In fact Mr Bloomberg was almost completely unchallenged about any of the inaccuracies or obfuscations he delivered during the interview. Partial transcripts of Mr Bloomberg’s comments remain on the BBC news website.