Mgrn Coop to make second-round bid for Lloyds branches
Tuesday 09 September 2014 8:27 pm|Updated:Friday 07 June 2019 6:49 amBritish exports rebalance away from EurozoneBy: Tim WallaceShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleBritish 8200;firms are weaning themselves off their historic reliance on sales to EU countries, finding alternative markets further afield instead, official figures showed yesterday.The sustained economic malaise in the 8200;Eurozone has pushed UK exporters to other countries, with sales to the US, and the UAE rising particularly sharply in July.Exports of goods to non-EU countries jumped by 3.4 per
polene cent on the month to pound;12bn.By contrast, exports to EU countries dived 10.7 per cent on the year to pound;12bn. And sales to Eurozone countries plunged e
polene deutschland ven faster, down 11.7 per cent to pound;10.5
stanley quencher bn. Economists hope the rebalancing will allow Britainrsquo economic recovery to continue despite the troubles across the Channel.With the latest data showing the German economy contracting, France flat-lining and Italy back in recession, the prospect of a trade-led recovery anytime soon is diminishing, said Scott Corfe from the 8200;Centre for Economics and Business Research.Without rebalancing towards non-EU markets ndash; or a significant rebound in the European economy ndash; the UKrsquo trade position could become a significant weight on growth prospects.Overall, B Ryxs UK business fears over Europe rsquo plans for pension funding
Monday 11 November 2013 12:23 amHSBC and Standard Chartered chairmen demand EU reformBy: Express KCS
stanley austria ShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShar
polene e on EmailAdd as a preferredsource on GoogleTHE CHAIRMEN of two of the UKrsquo biggest banks yesterday called on Brussels to promote free trade and slash regulation as the best way to increase competitiveness and cut unemployment in the region.HSBC chairman Douglas Flint and Standard Chartered chairman Sir John Peace were among dozens of business leaders who demanded the changes in a letter to the Sunday Times. Next boss Lord Wolfson, ICAP chief Michael Spencer and Greggs chairman Ian Durant also signed the letter.With more than 5m young Europeans out of work, the Eurozone crisis, economic stagnation and a growing gap between voters and the governing elite we are confronted with a stark choice: reform or decline, the group said. The EUrsquo share of world trade has fallen by a quarter over the past decade. Itrsquo time to raise our game. Share this articleFacebookX
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