Data shows that small China exporters are being hit by UK's economic slowdown, as the country's middle class cuts back on Western luxuries. Firms, such as luxury jeweller, Boodles, and ﻿mid-market wallpaper firm, ﻿Graham & Brown, have seen sales go flat since the stock market crash. However, there is a bright spot from The Kids Food Company, which trades as Kiddylicious, with sales predicted﻿ to be £10m next year, up from £7.5m in 2015, partly due to the governments'﻿ cap on children going up from one child to two last year.
Data shows that small UK exporters are being hit by China's economic slowdown, as the country's middle class cuts back on Western luxuries. Firms, such as luxury jeweller, Boodles, and ﻿mid-market wallpaper firm, ﻿Graham & Brown, have seen sales go flat since the stock market crash. However, there is a bright spot from The Kids Food Company, which trades as Kiddylicious, with sales predicted﻿ to be £10m next year, up from £7.5m in 2015, partly due to the governments'﻿ cap on children going up from one child to two last year.