Summary
Research by Lloyds TSB Commercial revealed that only nine per cent of firms in Devon and Cornwall expected to take steps to protect themselves against foreign currency movements even though 16 per cent exported and 18 per cent imported goods and services.
In a survey* of businesses in Devon and Cornwall earlier in the year, almost half (48 per cent) of firms said they felt weaker UK demand was the biggest threat to their business. This has led many to look to foreign markets for growth and stability.See the full content of this document
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With many firms in Devon and Cornwall experiencing increased fears of a double dip recession, having the ability to effectively manage risk and make the most of any op...
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