There’s no denying the fact that economic conditions in the UK remain tough. Like a lot of companies, yours may be struggling to drum up sufficient levels of demand among consumers in the domestic market. After all, many individuals in Britain are feeling the financial pinch.
In the past, this may have represented a dead end situation. However, thanks to the international trading opportunities now available, you might see some light at the end of the tunnel. By widening your horizons and targeting a broader audience that includes customers located abroad, you may be able to boost your prospects. To help you achieve your goals, you can utilise specialist translation services.
Figures released recently by the British Chambers of Commerce (BCC) may help to catalyse you into action. In its latest Quarterly Economic Forecast, the organisation downgraded its prediction for UK GDP growth this year to 0.1 per cent. This was down from 0.6 per cent.
Meanwhile, it also noted that after declining by 0.3 per cent in the final quarter of last year, GDP recorded a further fall of the same magnitude during the first three months of 2012. In addition, the BCC suggested that problems in Europe will persist for some considerable time, presenting problems for UK firms.
Bumping along the bottom
Commenting on the economic conditions, the BCC’s director general John Longworth said: “Without a bold, enterprise-friendly government, the economy will continue to bump along the bottom for longer than we’d all like.”
The organisation also predicted that unemployment will rise from 2.625 million in the first quarter of the year to 2.9 million during the third quarter. This will in part be caused by public sector spending cuts, it noted.
Mr Langworth added: “Businesses are busting a gut in an uncertain environment, and they will need to continue to do so. But if companies are to accept uncertainty as the new norm, then they must be met with a bold, enterprise-friendly government to enable them to grow in the long term.”
Taking matters into your own hands
Rather than relying on conditions within Britain changing, you might be eager to take decisive action yourself and, with the help of the translation services on offer, start offering your goods or services to customers in other nations.
Here at Wolfestone, we’re on hand to help. We can assist you whether you’re after English to Chinese translation, English to Arabic translation or any other such services.
Making your life easier
Taking advantage of assistance like this can make the process of international trading much more straightforward and it frees up more of your time to get on with other tasks.
Meanwhile, you can rely on the quality of our English to Chinese translation, English to Arabic translation and so on. We’re experts in the field and go out of our way to ensure our customers are more than happy. To find out more, just take a look around the rest of our website or get in touch.
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