Surface Transforms management deliver positive operational update 16.09.2019 Watch Now

BCC Survey: British Exporters Reap Rewards

Tue, 28th Apr 2015 11:02

LONDON (Alliance News) - UK exporters are reaping the rewards from international markets, the British Chambers of Commerce said in its International Trade Survey released Tuesday.

According to the survey, about 59% of survey participants logged sales growth in 2014 despite stagnation in the euro area and the appreciation of sterling. Around 34% of exporters had expanded their production capacity to cope with demand from international markets.

BCC Director General, John Longworth said, "We must redouble our efforts to grow a pipeline of new exporting companies that the UK economy so desperately needs."

Nearly 89% of businesses had ambitions to grow domestically, however fewer than half of firms had ambitions to grow internationally.

"As the election debate rages, Britain's political parties have failed to set out how they will address the export challenge - and achieve the ambitious growth targets that the Prime Minister set out for 2020," Longworth added.

Business people want to work with the next government to implement ambitious plans that help Britain recapture its reputation as a premier trading nation, he said.

Copyright RTT News/dpa-AFX

More News

hold-Australia shares gain as jobless rate fuels stimulus hopes; NZ up

* "Big Four" banks push benchmark higher * Aussie jobless rate worsens, reinforces c.bank stimulus expectations * NZ qtrly GDP growth beats expectations By Nikhil 19

Today 07:49

LONDON MARKET PRE-OPEN: Next Profit Grows As Diageo Warns On Trade War

(Alliance News) - Stock prices in London are set for a lower open on Thursday following the US central bank's rate cut, while in early UK corporate news Next reported a strong online and on is

Today 07:47

GLOBAL MARKETS-Asian shares decline on guarded Fed, yen rises after BOJ holds fire

* Asian stock markets: https://tmsnrt.rs/2zpUAr4 * BOJ on hold, as expected; disappoints some who hoped for a move * Fed cuts rates, but Powell's tone disappoints doves *

Today 07:45

Shell loads first cargo of low-sulphur fuel oil from Singapore refining site

SINGAPORE, Sept 19 (Reuters) - Royal Dutch Shell said on Thursday that it has loaded its first cargo of low-sulphur fuel oil (LSFO) from its Pulau Bukom refining site in Singapore. This is

Today 07:37

Login to your account

Don't have an account? Click here to register.