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Export & International

Government's new plan for exports must support small businesses

By CreditMan Friday, January 22, 2016

The UK Government has laid out its new approach to boost British exports. Under the plan, UKTI will oversee and coordinate export performance but efforts will be made across government departments.

Responding to the announcement, John Allan, National Chairman of the Federation of Small Businesses said: We are pleased to see the new push towards improving the UK’s export performance. More than 24 per cent of FSB members already export, with nearly one in 10 (9%) of these exporting more in the last three months. The decision to refocus UKTI’s role and to make exports a priority across government departments must lead to better support for small firms and first-time exporters.

“As Ministers implement the new strategy,we urge them to embed the need to support small businesses and first time exporters in each department’s new export plan. The refresh of UKTI’s digital offering will be key to improving access to the best information and advice. FSB will support and promote moves to engage with the UK small business community. All plans should be well-marketed and robustly monitored if the Government’s targets of increasing the value of exports to £1 trillion and achieving 100,000 new exporters are to be met.”

Source - The FSB