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 …

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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 …

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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 …

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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 …

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Quality and cost significant for manufacturing supply chain sourcing

Manufacturing supply chain sourcing can be dependent on a broad range of different criteria, but new research reveals that certain of these might be more important than they are to non-manufacturing companies. An article published in the International Journal of Business Performance and Supply Chain Modelling compares the priorities of manufacturing and non-manufacturing firms.The researchers …

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