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24/10/2001
UK export prospects deteriorate
Export prospects for UK manufacturers have deteriorated at their fastest rate for 21 years, the Confederation of British Industry has warned.
The news on Wednesday came from a survey taken by the CBI following the September 11 terrorist attacks on the United States.
The survey revealed that just six per cent of factories were predicting better export trade over the year ahead, compared with 59 per cent forecasting a gloomier outlook.
However the confederation warned that it was deeply worried that forecasts of corporate output, employment and investment levels were falling simultaneously across business.
Overall business confidence has also fallen to a three-year low, with executives ten times more likely to say they were pessimistic than optimistic.
However analysts believe the UK will escape recession thanks to the continuing British shopping boom which is defying previous gloomy predictions. (MB)
The news on Wednesday came from a survey taken by the CBI following the September 11 terrorist attacks on the United States.
The survey revealed that just six per cent of factories were predicting better export trade over the year ahead, compared with 59 per cent forecasting a gloomier outlook.
However the confederation warned that it was deeply worried that forecasts of corporate output, employment and investment levels were falling simultaneously across business.
Overall business confidence has also fallen to a three-year low, with executives ten times more likely to say they were pessimistic than optimistic.
However analysts believe the UK will escape recession thanks to the continuing British shopping boom which is defying previous gloomy predictions. (MB)
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15 March 2017
Invest NI To Host Export Skills Workshops
Invest NI has announced an Export Skills Workshops, offering 'all you need to know about exporting, in handy, practical, great value workshops'. Announcing the workshops, Invest NI said: "Exporting can transform your business, so at a cost of just £75 per person, per workshop, our one-day Export Skills and Knowledge Workshops are not to be missed.
Invest NI To Host Export Skills Workshops
Invest NI has announced an Export Skills Workshops, offering 'all you need to know about exporting, in handy, practical, great value workshops'. Announcing the workshops, Invest NI said: "Exporting can transform your business, so at a cost of just £75 per person, per workshop, our one-day Export Skills and Knowledge Workshops are not to be missed.
04 November 2014
Lisburn Firms Achieve Success In Export Markets
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19 July 2011
Family Firm 'Engineering Successes'
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Family Firm 'Engineering Successes'
A Co Down-based family business that manufactures agricultural and engineering equipment for the farming and construction sectors across the UK and Europe is expanding. Castlewellan's Herron Engineering is targeting £300,000 worth of new export sales over the next four years with support from Invest Northern Ireland.
22 February 2002
UK economy is slowly climbing out of recession
Amid recent gloomy economic news emanating from UK, the latest reports from the Confederation of British Industry (CBI) and the Office of National Statistics (ONS) suggest that the economy will turn around during the next year. The CBI's first economic report published in 2002 stated that the economy's annual growth rate may slow to 1.
UK economy is slowly climbing out of recession
Amid recent gloomy economic news emanating from UK, the latest reports from the Confederation of British Industry (CBI) and the Office of National Statistics (ONS) suggest that the economy will turn around during the next year. The CBI's first economic report published in 2002 stated that the economy's annual growth rate may slow to 1.
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