EXPORTS from Yorkshire are slowing down, but hopes for a change in fortunes remain high.
The county has experienced the lowest rise in exports nationally over the last six months, according to the latest Business In Britain survey from Lloyds TSB Corporate.
Yorkshire firms have had a weak six months compared to the rest of UK firms, with only 30 per cent of companies reporting an increase in exports and 35 per cent reporting a fall. These figures compare to a national average of 45 per cent and 18 per cent respectively, showing a more positive picture for the UK as a whole.
However, the next six months appear to be more promising for Yorkshire exporters, with 43 per cent expecting exports to rise and only 13 per cent expecting them to fall. National figures show 47 per cent predicting an increase over the next six months. Geoff Lloyd, pictured, regional international manager at Lloyds TSB Corporate, said: "It is reassuring to see that they are fairly confident about the months ahead, and their export intentions are in line with national predictions of a strengthening of the UK economy. However, there is still some local belief that in Yorkshire we will continue to see difficulties."
Updated: 10:23 Monday, March 20, 2006
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