Export

  • All change at UKTI?

    Boxes marked for export which UKTI aims to encourage

    Posted 17/11/2015

    UKTI (United Kingdom Trade and Industry), the government body tasked with boosting UK exports by helping UK businesses expand overseas, is under review.  In 2010, the government set UKTI a target of doubling exports to £1 trillion by the end of the decade and allocated an increased budget to help in achieving this. Five years later, it increasingly looks as though this target will be far beyond reach and questions are being asked about the effectiveness of UKTI in raising the value of Britain’s exports.

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    Posted in: Export, Opportunities for SMEs

  • Does UKTI do enough to encourage exports?

    Posted 20/08/2015

    The UK trade deficit narrowed to £1.2bn in April from £3.1bn in March this year after exports increased by £700m. This improvement in the trade balance was largely down to trade with countries outside the EU. However, the longer term position continues to cause concern and places increased scrutiny on what the Government is doing to support export growth. Who is responsible and are they doing enough? If not, what are the alternatives?

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    Posted in: Export, Opportunities for SMEs