LONDON (AFX) - The UK's current account was 180 mln stg in deficit on a seasonally adjusted basis in the first quarter compared with an unrevised shortfall of 3.696 bln in the previous three months, National Statistics said. According to the median of economists' forecasts compiled by AFX, the current account was expected to have been 4.0 bln stg in deficit, with expectations for the size of deficit ranging from 3.4 to 4.9 bln. NS said the decrease in the current account deficit was largely due to a higher surplus on investment income, which rose to a record 5.56 bln stg. There was also a lower deficit on current transfers. These were however partly offset by a lower surplus on trade in services.