The UK’s small and medium-sized enterprises (SMEs) are concerned about the ongoing impact of political and Brexit uncertainties on the value of sterling, according to a new study. World First’s latest Global Trade Barometer has revealed that more than a third (35 per cent) of SMEs are concerned that currency […]
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A new study suggests that small and medium-sized enterprises (SMEs) that take steps to internationalise their trade can typically expect to enjoy higher turnovers and greater productivity than their UK-only counterparts. However, despite this, only a fifth of SMEs based in the UK currently export their offerings overseas – while […]
A new business confidence tracker suggests that the majority of UK businesses believe that the next Government will succeed in negotiating strong post-Brexit trade deals, regardless of the outcome of the upcoming General Election. It adds that more than three quarters of Britain’s small and medium-sized enterprises (SMEs) believe that […]
The Confederation of British Industry (CBI) has said that businesses all across Europe want the closest possible economic relationship once Britain’s exit from the European Union (EU) takes full effect. Addressing a business audience at Cambridge University earlier this week, CBI Director-General Carolyn Fairbairn has stressed the importance of securing […]
New research commissioned by office supplies comparison site Expert Market has used ten carefully-selected data points to identify the ‘best cities’ for setting up or starting a new business in the UK.
An increasing number of UK small and medium-sized enterprises (SMEs) that import and export their products across the globe are re-evaluating their international trade strategies due to currency-related fears, a study suggests. Recent research carried out by money transfer service AFEX found that 71 per cent of UK SMEs thought […]
A new study suggests that medium-sized businesses operating within the UK have managed to boost their overseas turnover by more than half in the last five years. According to reports, mid-sized enterprises have managed to grow their international turnover from £84bn to £127bn since 2012. Last year alone, such businesses […]
New figures suggest that Britain’s businesses are exporting at the highest level in more than three years. The research, published by the Confederation of British Industry (CBI), indicates that the fall in Sterling has spurred international importers to buy from the UK. The survey of 423 firms found that export […]
British firms have benefited from a surge in international sales over the past nine months, new research has shown. Online payment company PayPal has revealed that the UK’s small and medium-sized businesses have seen sales increase by a third following a fall in the value of Sterling. The currency fluctuations, […]
New research has found that 37 per cent of the UK’s small and medium-sized enterprises (SMEs) now have an appetite to explore trading in non-EU markets, up from just 34 per cent last year. According to a new study, 21 per cent of SMEs have ambitions to begin trading with […]