Small businesses still hugely exposed to FX swings
Only 20-25 percent of small and medium-sized British and French companies hedge their exposure to fluctuations in currency rates which can have a huge impact on their bottom lines, a report by banking research consultancy East & Partners showed on Thursday. The numbers, seen by Reuters ahead of a new report's publication on Sunday, are based on responses from more than 4,400 businesses with turnovers of up to 100 million pounds or 100 million euros