UK exports growth hits six-year low in Q3
London
BRITISH exporters experienced the weakest growth in orders since the depths of the financial crisis in the three months to September, a survey showed on Tuesday, adding to signs that overseas demand has faltered.
The British Chambers of Commerce (BCC) said firms taking part in its quarterly trade survey reported the most limited growth in overseas sales and orders since the second quarter of 2009, when Britain was coming to the end of its worst recession in decades. "These figures make it clear that the UK's export drive is at risk of going into reverse gear, precisely at the time when it needs to be moving forward," said BCC director-general John Longworth.
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