Expert at Smart Currency Business comments on risky ground for UK businesses in 2015
Carl Hasty, director at Smart Currency Business, said: “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.”
