Call our team +44 (0) 207 566 3939

BLOG

EU economic crisis will halt the UK’s export growth

UK exports to EU unlikely to increase.

The economic recovery of the UK is looking more and more bleak now the EU, the UK`s largest trading partner is becoming stagnant. One Bank of England policymaker has said the exports to the UK are “dead in the water”.

The same policy maker explained it was looking more and more difficult to see any exports grow because of the ongoing economic issues in the Eurozone. He went on to say the UK`s economic growth was no longer being led by consumer spending.

UK exports figures have been very low, growth has been slow over the past 2 or 3 years, according to one professor. He suggested the main reason for the slow growth was due to the Eurozone and the economic issues the member countries are facing. He added that it is hard to see exports growing in the near future.

The UK government has place a target for UK exports, it wants UK exports to reach the £1trn mark by the year 2020 and 100,000 more UK companies are needed to start exporting if the UK is to meet this target.

If you found this blog interesting you can find more posts in our economy blog section.

Related Category Posts

What Is the Right Business Partnership for You?

What Is the Right Business Partnership for You?

What Is the Right Business Partnership for You? When you’re starting a new company, you can either form a business partnership or try growing your business alone by becoming a sole trader.  If it’s not the latter, then it’s vital for you to understand the various...

read more
What Is Companies House?

What Is Companies House?

What Is Companies House? Your business idea has been conceived. A business address has been finalised. And now your business plan is put into practise. Throughout all these stages, the most important, and constant, body/organisation you’ll be dealing with...

read more
Is a Virtual Office Right for Your Business?

Is a Virtual Office Right for Your Business?

Is a Virtual Office Right for Your Business? In this modern digital age, is it time to ditch the idea of a traditional office structure? Many new start-ups are adopting the 'lean' method of operation where they only use the bare bones of a company structure to...

read more

Capital Office Ltd is registered in England and Wales: Registered Address: Kemp House 152 – 160 City Road London EC1V 2NX

Company Number: 06294297 | VAT No: 976201416 | ICO No: ZA084808 | Anti-money laundering registration number: XZML00000125126

© Copyright 2019 Capital Office Ltd - All Rights Reserved

Please click here to view the latest businesses using our address without authorisation.