Delivering on the vision for a globalised economy
The government has ambitious plans to increase trade and attract investment to deliver a globally competitive economy. While CBI members will welcome some of the pragmatic announcements designed to make trade simpler and the investment in key business enablers, there is still much a refreshed export strategy and a partnership with business needs to deliver to realise the Global Britain ambitions.
The opportunity and need to forge a more dynamic, competitive, and future-focused economy has never been greater. Global trade and investment is crucial to unlock the full potential of this vision and the government’s Plan for Growth.
Announcements on the expansion of the Export Support Service and the new £1.4bn Investment Fund are welcome, but for companies across the UK to embrace exporting, the government should go further and incentivise exploration of new markets and develop initiatives with industry to increase business to business support.
What does the Budget say about how the government will help achieve its Global Britain goals?
The Budget made a few practical announcements to help make trading overseas easier for British businesses. Announcements included:
- Over £45 million funding for the digital transformatio
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