Will Retailers get More Time for VAT Rise?

Export Growth Despite Recessionary Pressure

A significant proportion of small to medium-sized businesses in the UK have reported an increase in the export side of their business, according to new research from leading independent invoice financier Bibby Financial Services. The study revealed: 41% of businesses have experienced growth in the export side of their business 31% of businesses say that the strengthening of the Euro has had a positive impact on their business The economic downturn has prompted 29% of businesses to refocus their efforts towards international markets The research, conducted among 200 small and medium-sized firms across a range of sectors, was compiled in order to reveal key findings about how the recession has impacted the UK’s import and export markets. Worryingly, however: 42% of businesses say that ... »

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