On 21st August the government launched the new Export Strategy. It ambitiously sets out how the government aim to raise the UK’s exports from 30 to 35% of our GDP, and strengthen our position as one of the 21st century’s great trading nations.
Moving from 30 to 35 per cent will add over £100 billion pounds worth of exports to our current performance, helping UK businesses to generate higher returns, produce more higher paying jobs and provide more money for the exchequer.
You can access the full Strategy here.
The 4 key points are:
- Finance – Ensure no viable export fails for lack of finance or insurance from the private sector
- Connect – UK businesses to overseas buyers, markets and each other
- Inform – Help businesses access the right information, advice and practical assistance
- Encourage – Encourage and inspire businesses that can export but have not started or are just beginning