Russian households literally cannot get enough exotic, boldly patterned British wallpaper. The demand is there but, as Graham & Brown, which makes the stuff in Blackburn, explains, the export-credit insurance is not. So instead of selling as much as it can-say ￡5m ($7.8m) worth-into Russia every three months with the proceeds insured, it is selling only ￡2m, taking on itself the risk that the Russian wholesalers will not pay their bills.
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