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Gloucestershire Business News

Race to a trillion pounds export drive

The Government has launched a 'race to a trillion' export sales drive.

The ambitious 'Made in the UK, Sold to the World' plan aims to help businesses across the UK double exports and sell their products internationally.

The 12-point export strategy was published today by the Department for International Trade.

It includes an Export Support Service that offers a one-stop shop for exporting advice, and the launch of a new UK Tradeshow Programme better-tailored to help businesses, particularly those outside London and the South East, to attend and promote their products around the world.

Anne-Marie Trevelyan MP, Secretary of State for International Trade, said: "This is a defining moment in our national trading story.

"Our export strategy will help more businesses start exporting and help those who already export to sell more products to more countries.

"Reaching £1 trillion worth of exports by the end of this decade means more jobs, more opportunities and higher wages helping the UK to level up and build back better."

The UK exported £600 billion in goods and services last year, but only around one in ten UK businesses currently export.

Lord Karan Bilimoria, CBI President, said: "We now need to work together to get more British businesses thinking global for growth."

Shevaun Haviland, Director-General of the British Chambers of Commerce, said: "Once you open the door to international trade the possibilities for expansion are endless."

Mike Cherry National Chair of the Federation of Small Businesses, said: "For too long small firms have been faced with difficulty getting onto the exporting ladder, so we're pleased to see many of these fundamental issues tackled head-on in this export plan."

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