British Sterling has dropped to record lows. What should SMEs do with a ‘no-deal’ on the cards?
On 11 October 2016, World First held its first inaugural Think Global event – aimed at burgeoning exporters and SMEs looking to grow business overseas.
The UK’s largest listed tech firm, ARM Holdings, has announced it will be acquired by Japan’s SoftBank for £24.3bn – and while many are vexed at the nation's lacking system of defence when it comes to foreign takeovers, it is still proof that Britain remains attractive for investors.
If you know how to manage the currency risk you can feel safe next time you trade overseas.
The coalition pushes SMEs to export their way out of recession, but fail to address the problems exporters face – such as currency management.
The pound hit a four-month low against the euro this morning as export demand fell for the first time in more than a year.
Sterling has broken the $2.07 mark, leading economics correspondents to breathlessly recount the last time it was this strong.