Small Businesses

(asked on 9th May 2023) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, if she will make an assessment of the potential contribution of a think small first policy to achieving the target of exporting over a trillion pounds of goods and services annually by 2030.

Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 16th May 2023

As set out in the Export Strategy the Department for Business and Trade (DBT) is working in partnership with UK exporters to reach a trillion pounds of UK exports annually by 2030, with UK exports reaching £843bn in March this year. As part of this, DBT utilises company-level data to segment and tailor its support based on where a business is at on their export journey. This includes our self-serve digital offer and the Export Academy, which provides training and guidance to ensure businesses across the UK, especially SMEs, have the capability and knowledge to prosper in international markets.

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