Demand for more export support from government

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Nearly two out of five small and medium sized businesses in the North say the Government is not helping businesses to export, according to accountancy firm and business adviser RSM Tenon.

The firm says the negative view SMEs have is despite the fact that the Government has provided £13 million to UK Trade & Investment to help 10,000 more British firms export and that £9 million of that money has been earmarked for boosting trade opportunities for SMEs.

Paul Langhorn, head of the international department at the firm, says: “Of the SMEs surveyed in the North, 32 per cent are currently exporting, but 61 per cent have not even considered it, which is surprising, considering the strength of overseas markets compared to the domestic market and economy.

“Only four per cent of SMEs have considered exporting but decided against it and only three per cent have considered exporting and are still to decide.”