BCC warns SME exporters ‘under tightening pressure’

The British Chambers of Commerce (BCC) has warned that small and medium-sized enterprises (SMEs) that export are facing ‘tightening pressure’ as a result of decreasing export sales.

The BCC’s quarterly Trade Confidence Outlook report, which polled more than 2,300 SMEs, showed that 27% of exporters recorded decreased export sales during the fourth quarter of 2022.

The survey showed that 26% of businesses saw increased export sales, whilst 47% reported no change. 36% said they expect to see increased profitability in the next 12 months; however, 35% anticipate a decrease.

If you would like to talk about your small or medium-sized enterprise, please contact us by calling 0115 928 3228 or email info@coalesco.co.uk.

We believe in having a journey and relationship with our clients.
You're not just a file on our desk; you're a friend.

Ready to start your financial journey with us?

Contact us today to schedule a consultation or simply drop by for that cup of tea. We can't wait to meet you!

Contact us today for a free consultation
Client-Services-Firm-of-the-year-2016 Small-Practice-of-the-year-2016 Small-Practice-of-the-year-2015