Press

Risky Ground for UK Businesses in 2015

By Ricky Bean January 6th, 2015

Image L-R: Mark Fenn from Microbiological Solutions; Carl Hasty from Smart Currency Business; The Brave & The Bold host Natasha Kaplinsky

Commentary by Carl Hasty, Director of SmartCurrencyBusiness.com:

Chief Financial Officers (CFOs) cited the UK General Election in May and continuing economic weakness in Europe as the key risks to businesses in 2015, according to a survey by Deloitte.

Global risk has risen in recent years and businesses are slowly coming to terms with trading in this new landscape, one in which results for economic indicators can fluctuate greatly.

UK businesses trading internationally face an added currency risk, which is tethered to investor sentiment surrounding economic events.

Despite the mounting global uncertainty, CFOs are still optimistic about growth in investment and earnings this year. Businesses require more help than ever this year, be it through robust currency hedging strategies to minimise risk, or the right guidance on trading in emerging markets.

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