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UK coffee machine maker whips up exports

Tuesday, March 19, 2013 - 02:45

Mar. 19 - Britain's Finance Minister will announce his fourth budget on Wednesday. Hayley Platt reports from a UK factory which has had to find new markets to thrive.

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Thirteen days been making an espresso coffee machines since the 1990s. Well despite its name and the product it's not to Italian. It's based in England and they Tim Maxwell -- and day. My father went to help holiday would belong to Italy went to a little -- sort of our parent machines. So one of the coolest rundown on the full broken the guy who fought thousand they are for it which is about three pounds of thinking was that. But in the -- brought it back to England and corruption of the -- it can not really was just off of it. Fifty some fatigue no exports to fifty countries including -- Peru and even utility. Since assault of the financial crisis exports of big crucial. And now account for 25%. To that this needs help from just -- the -- before 2000 and night clubs the US and as. Did you chuckle Detroit and spying was still struggling to do anything that really -- a little bit to me very slow as well. Poland again very slow. Northern Europe Finland -- wise we've and I don't talk about him not to stop into a -- for us. -- eighteenth of the DK has been good for fifteen -- how much longer -- a triple dip recession he's leaving this not months fantastic it will play in this week's heat politics. The UK still relies too heavily on Europe almost half with exports to the continent's. Comments thanks Peter Dixon. Well we actually need aids stronger demand in the rest of -- is on it's as simple as that yesterday and some of the margins -- make the taxation system a little bit more. -- got -- as we can certainly cut corporate taxes if we if we really want to. The exchange rate can be weakened beef if necessary. But ultimately it's not gonna help until such times -- we get the most able to articulation elsewhere on the rest of the world. The finance minister is expected to it may eighteen point TT tech tall -- further damaging the government's reputation for economic competence. Think he's thinking in these safe and after three years of austerity to trolls who called rely on consumer spending. Very difficult for me and I think. Many companies that you come. Maybe that's good -- yes but what type of person to -- like -- -- Mostly because of the with a. The UK tells of cool stuff he had fallen to just controlling it -- currency and the current weaknesses stunning is helping exports. Pitino he's now looking to North America include me out. But their -- few fans doing up this snakes outside Europe. And fidelity you tend almost and it's a penny sales boom could struggle to put up by the time.

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UK coffee machine maker whips up exports

Tuesday, March 19, 2013 - 02:45