Market research company B2B International hired locals and expats when it set up a subsidiary in China. FD Matthew Harrison says that’s because the staff would have to liaise with Western and Asian clients.
The strength of the euro is already having an impact on some UK businesses. Gardiner Brothers FD James Gardiner says the footwear distribution company will hike up the price of its euro-based products next year.
“How do you see the economic prospects in UK?” It was an innocent enough question and the sort I am frequently asked. However, on this occasion I felt I had to be particularly careful how I answered.