Overcast

Overcast

max temp: 12°C

min temp: 9°C

ESTD 1874 Search

Suffolk: Chamber survey highlights growth for county’s exporters

12:35 17 January 2013

Peter Funnell,  president of Suffolk Chamber of Commerce

Peter Funnell, president of Suffolk Chamber of Commerce

Archant

EXPORTERS are spearheading an economic recovery in Suffolk which is out-pacing the UK as a whole, according to a new report.

Suffolk Chamber of Commerce’s survey for the fourth quarter of 2012, reveals an improved performance across all sectors overall, but with exporters leading the way and domestic orders for manufacturers coming under pressure.

“The latest report from firms across Suffolk sees a real return to optimism,” said Peter Funnell, president of Suffolk Chamber.

“As the county chamber, we have launched our 2013 campaign Exporting is Good for Suffolk in the last few weeks and these figures do indeed show us that exporting is critical for our local economy and that we have some good solid foundations to build on in the year ahead.”

The survey shows a continued improvement for exporters compared with the third quarter of 2012, with an 11 point increase in orders, ahead of the national picture.

However, manufacturers saw a dip in performance in domestic markets, which Dr Funell said was disappointing after progress earlier in the year.

“It remains a tough economic climate to operate in,” Dr Funnell said. “What we are seeing is that the hard work that has been undertaken by businesses throughout 2012 is bearing fruit at the end of the year.

“The survey findings are a return to optimism but it remains crucial for local firms to see positive moves from local and national government to maintain confidence. This includes continued actions on skills, infrastructure and business financing.

“The challenge now for the Government is to grasp the nettle of supporting the remarkable efforts being made by firms locally and nationally.

“We are pleased to hear about the Government’s plans for a British business bank but we need also to see large scale investment in infrastructure and where appropriate housing to encourage economic growth.”

The survey was conducted in late November/early December, with the results being analysed by a research team at Suffolk County Council.

Search hundreds of local jobs at Jobs24

0 comments

Jonathan Adnams, chairman of Southwold brewer Adnams, has brewed a special beer to celebrate his 60th birthday, with six bottles set to be auctioned off for  the Adnams Community Trust.

The chairman of Southwold brewers Adnams is set to auction off six bottles of a beer specially made for his 60th birthday.

The food industry has warned of possible price rises, if the sector and its workers from the EU are not treated as a priority in Brexit talks.

Food prices in the UK will rise if the Government does not treat the sector and its workers from the EU as a priority in Brexit negotiations, industry leaders have warned.

Britains trade gap narrowed to a better-than-expected £9.7bn in October after exports soared to a record monthly high

Britain’s trade gap narrowed to a better-than-expected £9.7bn in October after exports soared to a record monthly high.

DMO tourism event held at the University of Suffolk, Waterfront building
Photo L-R:
Peter Waters, Visit East AngliaVictoria Savory, Adnams and Suffolk Coastal DMO,
Tim Rowan-Robinson, formerly of Suffolk Coastal DMO, Malcolm Bell, Visit Cornwall,
Laura Locke, Suffolk Business School at the University of Suffolk,
Ian Russell- Visit the Broads and Visit Norwich, Charles Howard- Discover Newmarke.t

The tourism industry is already worth hundreds of millions of pounds to the local economy in Suffolk, and that figure is growing, year-on-year.

The AXA  offices in Civic Drive, Ipswich.

Insurance giant AXA, which employs around 1,500 people in Suffolk, is launching a world-wide policy on parental leave which will result in additional time off on full pay for new mothers and fathers within its UK workforce.

Management Jobs

Show Job Lists

Most read

Most commented

Topic pages

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24