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Evening Standard
Evening Standard
Anna Wise

More firms looking to trade abroad as UK growth and tax worries grow

United Kingdom Santander Rachel Reeves Budget Economic Growth United States
An escalating number of UK firms are looking to take their business abroad amid weak economic growth at home, Santander’s survey shows (Victoria Jones/PA) - (PA Archive)

An escalating number of UK firms are looking to take their business abroad amid weakening economic growth at home and concerns about tax hikes, Santander has found.

Nearly half of businesses, or 47%, are considering international expansion, according to its latest trade barometer.

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