Opportunity knocks for Scottish exporters as sterling tumbles

(Daily Record, Edinburgh, 21 December 2016)  With the falling value of the pound making UK goods more competitive on the world stage, the environment for Scottish businesses looking to trade internationally is arguably more positive than for many years. According to a recent business survey by Grant Thornton, confidence among firms that their exports will rise has more than doubled in the wake of sterling’s steep fall. UK Export Finance (UKEF) - the UK’s export credit agency which operates through a network of advisers including two based in Scotland - aims to bridge the gap by offering insurance to exporters and guarantees to banks to share the risks of providing export finance.