David Slater, Director of Trade at KPMG UK comments on tangible support to exporters as Brexit approaches.
Commenting on the Chancellor’s Budget announcement:
David Slater, Director of Trade at KPMG UK, said: “The country’s ambition for strong economic growth is said to be pinned on UK exporters, but the Budget could have done more to offer tangible, fiscal-based incentives for businesses to sell their goods and services abroad. Exporters will demand more support as Brexit approaches.
“Although the money for UK Export Finance will be welcome in helping some exporters win, fulfil and get paid for contracts, it isn’t clear how the money will be made available. We should also remember that only a relatively small proportion of exporters use these facilities.”
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