Many small businesses are reporting a roaring trade in exports and high street sales to tourists thanks to a 15% dip in the value of the poundFor the public,the price of Marmite was probably the most noticeable impact of the pound losing around 15% of its value since June final year. But the flipside of the coin is that many SMEs are reporting a boost in overseas sales caused by the weaker pound as well as improved sales on the high street as tourists are finding their currency goes much further.
The phenomenon of current-found overseas success has even got its own name, with SMEs who are fuelling growth in foreign markets now referred to as Brexporters.
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Source: theguardian.com