The big dipper: How can Britain's global-facing SMEs bounce back from the slump in the pound after Brexit?



The pound's fall since Brexit means small businesses doing business overseas face a different trading environment. Expert Bivek Sharma, head of KPMG Small Business Accounting, takes a look at what they need to consider.
The prospect for the pound looks fairly bleak at the moment. Sterling has lost 20 per cent of its value since the referendum vote, taking it at one point to a 31-year low against the US dollar. 
This means that SMEs doing regular work overseas are facing a whole new set of trading conditions.
From the outside, British business as a whole appears to be weathering the drop in... read more

 
14 November 2016 in Business, Views: 62
Source: Daily Mail
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