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SMEs want more export support

More than one third of small and medium-sized enterprises (SMEs) think exports are important for growth but only one quarter are active overseas, research by FedEx Express has found.

The report surveyed 1,000 UK SMEs and revealed that 35% see overseas markets as an essential growth opportunity for the next 12 months.

However, 51.9% of respondents said they needed more support to...

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Scottish manufacturing exports rise

Scottish manufactured export sales grew 3% during Q1 2014, according to official figures.

The figures also reveal that export volumes increase 2.4% between Q1 2013 and Q1 2014.

The biggest contributors to the growth were the refined petroleum, chemical and pharmaceutical products, and the food and drink.

These 2 sectors account for nearly half of Scotland's international...

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Increase in mortgage approvals

The number of mortgage approvals grew 8% in June 2014, according to data released by the Bank of England.

The figures reveal that there were 67,196 mortgage approvals over the month.

This is the first time since January that mortgage approvals have grown month-on-month.

The number of approved mortgages had been dropping for much of the year following the introduction of...

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Business insolvencies fall

Business insolvencies fell nearly 7% in the second quarter of 2014 but personal bankruptcies rose significantly, latest figures from the Insolvency Service have revealed.

The Q2 2014 there were 3,461 company liquidations, a drop of 6.9% from Q1 2014 and a 15.1% fall compared to Q2 2013.

There were 2,487 creditors' voluntary liquidations in Q2 2014, down by nearly a fifth (18.1%)...

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Retirees consider blended retirement products

Nearly three quarters (72%) of financial advisers have seen an increase in clients considering blended pension solutions following the Budget, according to research by LV.

The survey of advisers found that clients have started to opt for a combination of retirement income products, with many choosing products that provide guaranteed income and future flexibility.

Key findings:...

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