MPC Facing Critical Vote

MPC Facing Critical Vote

Damned if they do, Damned if they don’t... There are three weeks until the next MPC meeting in the U.K. but traders will already have the date circled in red on their calendars. A one-month break in meetings should have given MPC members more time to come to a considered judgement but conflicting requirements and even more conflicting data have led to a situation where previous votes and announcements of voting intentions will count for nothing! Take a look at the MPC’s mandate. The Bank’s monetary policy objective is to deliver price stability, low inflation and, subject to that, to support the Government’s economic objectives including those for growth and employment. Price stability is defined by the Government’s inflation target of 2%. So, it’s clear then we can expect a hike on August 3rd. Or can we? Governor facing a credibility issue. Governor Carney has flip-flopped about a rate hike. A couple of weeks ago in the Mansion House Speech, he said that now is not...
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Importing from China?  …Quality or just Quantity?

Importing from China? …Quality or just Quantity?

 According to the WTO (World Trade Organisation), which China became a member of in 2001, China is now not only- The largest manufacturing economy in the world The largest exporter of goods in the world The largest economy by GDP (PPP) in the world From 1978 up until 2013 China was the world’s fastest growing economy at an average rate of almost 10%. They now also have the capability to not only produce high volumes of all types of goods but they also have the expertise to produce them to very high standards of quality. This was not always the case: Brief history: If you have seen as many Christmases as I have, you will be aware of the words ‘Made in China’. In the early 1970’s these words were often the butt of many jokes in relation to mass produced rubbish, especially at Christmas time, when you pulled the cracker what came out was something like this:  So, China became known as the...
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Roadmapping for success – approaching new markets

Roadmapping for success – approaching new markets

What is the right way to approach new markets and how does approaching an international market differ from a domestic approach? What needs to be considered? How do you make the optimal choice? We look at the advantages of Roadmapping your export activities to maximise potential. Separating what we know and defining what we don’t know is essential.  The aim of your bespoke Roadmap should be to achieve increased market share.  By defining the stages, deliverables can be measured, considered and controlled. The map will define what the criteria for success are, what the budget is and what timelines are to be followed. The structure of both desk and primary research is the same as for any new market with the added ‘colour’ of international trading requisites and culture.  Using a Roadmap template can help to guide a company to seek the information needed to launch a successful campaign in a new market.  Creating a template that your company can design and...
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