Lloyds boss tells SMEs to widen their horizons

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Antonio Horta-Osorio said there remains “untapped potential” across the country.

“Rebalancing the UK economy will require businesses to be ambitious in seeking new export markets,” he told the CBI’s medium-sized business summit. “And for this we need to look beyond our traditional partners in western Europe and the US and seek out new export markets in the growth economies — be it in Asia or South America.”

Much of Germany’s economic success since the beginning of the 1900s has been attributed to the “Mittelstand” — the large network of medium-sized manufacturers which export around the world.

Source Article from http://www.standard.co.uk/business/business-news/lloyds-boss-tells-smes-to-widen-their-horizons-9895902.html

December 2, 2014 |
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