Exports to rise bric by bric

Posted on 7 Feb 2011 by The Manufacturer

A new report from the Ernst & Young Item Club suggests UK companies and the Government should focus export strategies on the emerging BRIC economies.

The report – The outlook for UK exports – estimates that the value of UK goods and services sent to Brazil, Russia, India and China could increase by 11.7% each year until 2020. This is because a 14 per cent annual rise in the average household income in those countries should fuel increased consumer spending.…

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