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Fiji begins exporting papaya to Australia again

07/04/2013

By Daniel Hunter Reports from fijivillage.com have suggested that Fiji is expected to ship two tonnes of papaya to Australia after export of the fruit reopened this week. The papaya is worth FJD$24,000 ($13,464) a week and Biosecurity Authority of Fiji Acting Chief Executive Officer Waisiki Gonemaituba said the reopening is timely... read more


 

North East firms invited to explore Irish business potential

07/04/2013

By Daniel Hunter North East firms are being urged to take up the export challenge and make Ireland their goal as they explore new business opportunities. As part of its market visit programme, UK Trade & Investment (UKTI) will be leading a delegation to Ireland from 4 to 6 June 2013 when... read more


 

Optimism among manufacturers falls during March

07/04/2013

By Daniel Hunter Optimism among manufacturers plummeted during March as weak consumer demand continued to hurt confidence, according to a new survey. The manufacturing sector’s data continued to decline. Optimism for manufacturers plummeted from a reading of 94.5 in February to 88.2 this month, while the BDO Output Index also fell, from... read more


 

Rising exports are not all that is needed to return the UK to growth

07/04/2013

By Carl Hasty, Director of Smart Currency Business Recent surveys have shown the value of a weak Sterling in aiding British manufacturers and exporters to increase their orders, with rising orders and revenue combined with a gradual increase in focus on emerging markets as a means of combating poor European demand.... read more


 

'Iron Lady' Baroness Thatcher dies at the age of 87

07/04/2013

By Daniel Hunter Former Prime Minister Baroness Thatcher has died at the age of 87. Baroness Thatcher's spokesperson confirmed she had passed away after a stroke. "It is with great sadness that Mark and Carol Thatcher announced that their mother Baroness Thatcher died peacefully following a stroke this morning," Lord Bell said. Lady Thatcher... read more


 

The changing face of european freight

04/04/2013

By Dr Hans-Jurgen Weidemann, CEO of CargoBeamer The European road network faces three major challenges: increasing congestion, the increasing cost of fuel, and the impact of the increasing road usage on the environment. The way we use the road network is unsustainable, because with car sales increasing, and more companies sending freight... read more


 

Import tax on Chinese goods 'the wrong decision'

04/04/2013

By Daniel Hunter An EU decision to keep import taxes on Chinese crockery and cookware will leave hard-pressed customers paying more without bringing any benefits to UK manufacturers, said the British Retail Consortium (BRC). The European Commission imposed ‘anti-dumping' duties, on a provisional basis last November - despite fierce opposition from... read more


 

Bad weather sees decline in German construction activity

04/04/2013

By Daniel Hunter The downturn in German construction activity deepened at the end of Q1, driven largely by a sharp and accelerated decrease in home building. Faster rates of decline in employment and purchasing activity were also recorded, with firms facing another steep drop in intakes of new orders. A more... read more


 

Eurozone downturn intensifies as German economy shows near-stagnation

03/04/2013

By Daniel Hunter At 46.5 in March, the final Markit Eurozone PMI Composite Output Index was unchanged on the flash reading, confirming that the rate of decline in activity accelerated for the second month in a row to reach the fastest since last November. The PMI shows that output has fallen in... read more


 

UK service sector witnesses fastest growth for seven months

03/04/2013

By Daniel Hunter Business activity in the UK service sector continued to increase during March. Growth was solid and the strongest since last August as incoming new work also rose at an accelerated rate. Payroll numbers increased, albeit at a fractional pace, while confidence in the outlook improved to the highest... read more