UK SMEs are expanding their tentacles once more, hoping to achieve success overseas. With a whopping 83 per cent of SMEs saying they felt confident about Britain’s economic climate, it’s no wonder that they are now set on increasing their international activity in the coming year.
It’s long been told that luxury good retailers will emerge as the most active and expansive retail sector. And despite the global economic slowdown, they have continued to do just that – albeit at a much slower pace. On average, such retailers operate in 25 countries and 50 cities worldwide, giving them the biggest global presence of retail sectors. But one country continues to stand apart from the rest as a major target: China.
CFOs see a growing divide between good UK fundamentals on the one hand and concerns about UK politics and external macro risks on the other. This was the message passed down in Deloitte’s fourth quarter survey of UK CFOs.
A glimpse behind the history of Britain’s oldest family businesses, dating back to 476 years ago.
By Kate Bassett
The 50p tax rate must be scrapped immediately to shore up Britain’s economy against the fallout from the eurozone crisis, warn business leaders.
