Exports: Support for Businesses Debate
Full Debate: Read Full DebateBaroness Ritchie of Downpatrick
Main Page: Baroness Ritchie of Downpatrick (Labour - Life peer)Department Debates - View all Baroness Ritchie of Downpatrick's debates with the Department for Business, Energy and Industrial Strategy
(2 years, 8 months ago)
Lords ChamberTo ask Her Majesty’s Government what recent assessment they have made of the effectiveness of their support for businesses to increase exports.
My Lords, evidence shows that exporting businesses are 21% more productive and pay higher wages than non-exporters. Government support can help businesses to overcome exporting barriers. In February, 96% of export support service users would recommend it to other businesses and our 2018-19 export client survey indicates that 76% of those using DIT’s face-to-face export support were satisfied with its service. DIT is developing its strategy for monitoring and evaluation to assess the impact of the refreshed export strategy.
My Lords, I thank the Minister for his Answer, but contrary evidence exists that states that UK exports are underperforming in comparison to those of all advanced economies. In view of this, can he detail what additional support the Government will develop and provide for businesses that previously exported but have since stopped because of unpredictable obstacles and barriers?