51. British exports, however, remained limited as did sales on other European markets. 52. Even if the proposal is approved, the commission intends to slap strict conditions on resumed British exports of gelatins and tallow. 53. The rise of the pound has increased the price of British exports abroad. 54. This has increased the price of British exports on foreign markets. 55. Medicines now constitute the third largest British export behind oil and defence, generating overseas sales of four billion pounds a year. 56. Prime Minister John Major, who cut off British military exports to Nigeria after the executions, said he wanted a word with Shell officials about the gas deal. 57. Shares on the London stock exchange were hit this week by turmoil on the foreign exchange market and by figures showing a slowdown in the demand for British exports. 58. Some have warned that British jobs will be slashed because the price of British exports has risen. 59. The bank will also act as co-lead manager -- with West Merchant Bank Ltd. -- for the British export credit related to the British portion of the conventional unit. 60. The commission has not however been able to establish a clear legal base for a ban on British exports to non-EU countries. |