Oral Answers to Questions
Debate between Lord Swire and Mark Pawsey(11 years, 1 month ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mark Pawsey (Rugby) (Con)
Small businesses produce the kind of niche products that are well received in export markets, but they often lack the expertise and confidence to sell abroad. What steps is the Department taking to assist and encourage smaller businesses in particular?
Mr Swire
I think I am right in saying that since the formation of this coalition Government, we have had a net gain of more than 400,000 small businesses, which is a tremendous success. My hon. Friend is correct. We need to do more to encourage small businesses to export. It is incumbent on all of us in the House to encourage our local businesses to raise their game. With respect to UK Trade & Investment, the reconfiguration of the British chambers of commerce initiative is designed to help small businesses, but each of us has a part to play in making sure that our small and medium-sized enterprises grow into large export businesses, which are so important for the economy.