A six-minute video explaining the basics of the Balance of Payments, with accompanying text materials going into more details, including a glossary. The video combines live action and animation and uses the analogy of a personal current account to explain balance of payments, including some facts about the UK's balance of payments. The video description links to the ONS Balance of Payments pages, including a glossary which van be viewed online or downloaded as PDF.
Online Text and Notes
Office for National Statistics