Euro losing U.K. exporters' support: Survey

Euro losing U.K. exporters' support: Survey

The proportion of United Kingdom exporters' saying their business would benefit should Britain adopt the euro slipped in the three months through March to the lowest level since September 2001, a survey showed.

Forty-one percent of 1,000 companies surveyed by DHL said Britain's use of the euro would be an advantage to them, compared with 46 percent in the previous quarter.

``The problems experienced by some of the economies in the Eurozone has clearly affected exporters' attitudes towards the euro,'' said John Geddes, commercial director of DHL Express.

The economy of the 12 countries using the euro grew 0.3 percent in the fourth quarter, slower than the 0.4 percent seen in the previous three months.

UK exporters' confidence rose to the highest level since 2000 with 43 percent of companies anticipating an increase in orders in the next three months and five percent predicting a decline, the survey showed. The resulting balance of 38 percent is above the 34 percent reading in the fourth quarter of 2003, DHL said.