Partly Cloudy

Partly Cloudy

max temp: 13°C

min temp: 10°C

Search

Suffolk: Chamber trade group chairman David Redhead welcomes improved balance of trade data

17:34 10 February 2014

David Redhead.

David Redhead.

Archant

Suffolk Chamber of Commerce has welcomed a strong improvement in the UK’s balance of trade in the final month of of the business group’s “Exporting is Good for Suffolk” campaign.

shares

The Office for National Statistics (ONS) estimates that the deficit narrowed to around £1billion in December, compared with £3.6bn in November.

A deficit of £7.7bn in trade on goods was offset by a surplus of £6.7bn on services, with the figures benefiting both from a 2.1% increase in exports and a 3.8% decline in imports.

David Redhead, chairman of Suffolk Chamber’s Suffolk International Trade Group, said: “The large fall in the trade deficit is very encouraging; it shows that the hard work and entrepreneurial spirit of companies across Suffolk and the UK are increasing exports.

“The goods deficit with countries outside the EU has narrowed in each of the last six months, and exports to these countries are also growing.

“Our campaign for 2013 was ‘Exporting is Good for Suffolk’, which received personal endorsement from the Prime Minister. As part of the campaign we supported firms in making the most of exporting opportunities and to win more business overseas,” said Mr Redhead.

“There is no doubt that Suffolk can be proud of its ports and logistics, which drive the local economy and that of UK plc forward. If you are a company looking to grow sales, create extra jobs and increase profits then exporting is the way forward.”

Suffolk Chamber’s “Exporting is Good for Suffolk” campaign ran throughout 2013 and involved a number of events at which successful exporters based in the county shared their experiences and encouraged other local firms to start exporting for the first time or to target additional export markets.

Besides the endorsement of the campaign by Prime Minister David Cameron, Lord Green, then the Government’s International Trade Minister, also attended one of the chamber’s events

shares

0 comments

Police are investigating the accident

A young boy has been taken to hospital after he was clipped by a car in Bildeston, near Stowmarket, this afternoon.

Wooded area behind Oulton Road, Ipswich where local residents fear that trees are due for felling.

Ipswich Borough Council has allayed fears over plans to fell trees, after Ipswich homeowners voiced concerns over the effects on nesting birds.

Inspector Julian Ditcham with the Drager Alcotest used by Suffolk Constabulary tests a motorist.

A free extra pint has led to a shipping industry senior operations co-ordinator losing his driving licence.

The hunt is on for Britain's best beach hut - and these huts at Southwold could harbour a winner. PHOTO: Warren Page/ Anglia Press Agency

Nominations have opened for a competition to find Britain’s favourite beach hut.

The UK's first-ever dedicated congenital heart research centre opens at University Campus Suffolk. Raquel Mendes and David Ling at work.

A dedicated congenital heart research centre – the first of its kind in the UK – officially opened at University Campus Suffolk (UCS) in Ipswich today.

Theres not long left to sign up to be part of Suffolks biggest neon party on Saturday, May 7.
.
L-R Sam Catling,Tracy New, Pauline Donkin, Brian Taylor, Jack Nicholl, Joanne Rodger, Nikki Brown, Catherine Sheppard.

There are just days left to sign up to be part of Suffolk’s biggest neon party this weekend.

The Iron Throne featured in the Game of Thrones series, which is coming to Ipswich this month

Pretenders to the Iron Throne will have the opportunity to stake their claim as ruler of Westeros this month as the iconic seat used in the hit TV show Game of Thrones will be coming exclusively to Ipswich.

Drink-drivers in court

An Ipswich drink-driver who carried out an ‘idiotic doughnut’ while police officers watched has been banned from the road.

Fishing at Waldegraves.

Read some of our top picks for a relaxing spot of fishing in East Anglia.

Sports editor Mark Heath getting some wrestling and grappling lessons from wrestling and MMA coach Graham Yates.

Picture: ANTONY KELLY

I’m not sure if it’s called a ‘calf-slicer’ or a ‘calf-crusher’, writes Mark Heath. But I know this – it bloody hurts.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Streetlife

Newsletter Sign Up

Great British Life

Great British Life
MyDate24 MyPhotos24