Make global sourcing work for you
Liz Samandi, Managing Director of Darian looks at how global sourcing can help British industry on the road to recovery. The manufacturing and engineering industries have suffered as much as any during the long years of recession. Whilst output is now up and the future looks brighter than it has for some time, companies cannot afford to […]
Turkey-UK exports up 9% in January 2014
The latest figures from the Turkish Statistical Institute show an 8.6% increase in exports from Turkey in January 2014, with the UK among its main international business partners. In January, Turkey exported some $12.5 billion worth of goods – equivalent to about £7.6 billion at current exchange rates. That’s a seasonally adjusted 4.5% increase on […]
Budget 2014 pledges ‘radical package’ for UK manufacturing
The 2014 Budget speech delivered in Parliament by Chancellor of the Exchequer George Osborne promised a “radical package” of measures to help those in the UK manufacturing sector. In a Red Book that calls business investment “critical” to long-term economic growth and a speech renewing the need for Britain to appear ‘open for business’, several […]
15% of firms look to reduce supplier costs
More than one in seven UK private businesses are looking to reduce supplier costs over the coming year, according to figures from PricewaterhouseCoopers. In a survey conducted to coincide with the Budget speech earlier this month, PwC found the biggest factor preventing companies from investing in their future is economic uncertainty. This is followed by […]
Turkey ‘a valuable route to emerging markets’
British firms who invest in global outsourcing may be wise to focus on Turkey and its surrounding area as a gateway to lucrative emerging export markets. The Republic of Turkey Prime Ministry Investment Support and Promotion Agency reports that Turkey has “structurally sound and resilient” underlying economic characteristics, built on a decade of growth in […]