Exports could be key in economic recession

Advice on how companies can use exports to help them through the downturn will be given at a seminar in Nottingham.

Three national experts in foreign trade will explain how trade beyond the UK shores was a key to ending previous downturns and how it could play a major part again.

 Gavin Friend, Markets Strategist from NAB Capital, along with John Steele, Financial Director at Nottingham insurance broker and financial advisor The Wilson Organisation, will join Yorkshire Bank International partner Mark Runiewicz at the free session on Wednesday, March 25, at the bank's Financial Solutions Centre at Lock House, Castle Meadow Road.

Runiewicz said the weak pound was also a key boost to trading overseas.

He said: "In the 1980s and 1990s there is clear evidence that our drive for exports was one of the trends which helped pull the country back into the black and we believe it will be key again.

"But, like everything, it is not straightforward and companies need to be aware of elements ranging from currency fluctuation and credit insurance, through to international patterns and trends."

Wilsons' John Steele added: "We also believe it is vital that UK businesses seize the opportunities of expanding their business beyond the shores of the UK. Our programme of Russia Midlands Business Club events, developed with help from UKTI, has already proved extremely popular, as local businesses are increasingly realising that they must broaden their horizons as part of their strategy for success and survival, by looking beyond the UK to international export markets like Russia."

Anyone interested in attending the session, which starts at 7.45am, should contact mark.runiewicz@eu.nabgroup.com

The Wilson Organisation provides professional independent insurance, financial, risk management and corporate finance solutions to businesses and individuals both regionally and nationally. For more information, visit: http://www.wilorg.com/, or Tel: 0115 942 0111.

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