Company Formation, Exports and Public Spending

When the government first announced its plans to cut public spending many people feared the impact it would have on enterprise in the UK, however, they were unclear which sectors would be affected and what the actual damage may be

Now, according a recent report conducted by the Forum of Private Enterprise, the sector which will be most affected in the Export and Import sector.

According to the report manufacturing and industry will be massively affected by spending cuts and over fifty per cent within the sector fear it will have long term implications and the UK’s broader economic recovery will be compromised.