ICAEW research: UK companies plan to exit eurozone

Research from the Institute of Chartered Accountants for England and Wales (ICAEW) shows that in light of the deteriorating economic conditions in the eurozone & the worsening situation in Greece, 11% of UK companies who trade with the eurozone are planning an exit strategy.   Read more

Regus survey: Too few UK SMEs are exporting & too few are multilingual

Only one in five domestic SMEs are planning to trade overseas and they could pay price for monolingualism, suggests new research from Regus

Too many UK SMEs are giving international trade the cold shoulder despite compelling evidence that firms of all sizes operating overseas are weathering the economic crisis better than those solely focused on the home market. Read more

Firms improve websites to fight recession

After cutting operating costs to the bare minimum, many smaller firms are hiring sales staff, improving their websites and boosting marketing activities in an effort to tackle tough trading conditions.

Research carried out by the FPB also found that business owners expect their efforts will pay off. More than half (56%) of those surveyed expect to increase their turnover in 2010 and 44% believe their business will grow. Read more