The IMF has revised its economic predictions for the UK. It anticipates that the UK will emerge out of the recession by the end of the year, and the IMF also raised its forecast for global growth in 2010.

This is good news for UK business, however business leaders across the SME sector need to increasingly understand and seize opportunties in the emerging BRIC economies. Over the coming years Brazil, Russia, India and China will play a greater role in the global economy.