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We asked the Department how it planned to support businesses, particularly small and medium-sized businesses...
Conclusion
We asked the Department how it planned to support businesses, particularly small and medium-sized businesses (SMEs), to take advantage of the opportunities in trade agreements.36 The Department’s 2020 survey of UK registered businesses found that just 28% of surveyed businesses who exported to non-EU countries knew whether the goods they most frequently exported were eligible for reduced customs duties.37 In our 2020 report on government support for exporters, we raised concerns that the Department was not doing enough to support small and innovative businesses to export.38
Government Response
A response document is linked to this report, dated 27 May 2022. Response attribution to this conclusion has not been verified. Read the response document.
Source
Committee
Public Accounts Committee
Inquiry
Progress with trade negotiations
Report
Forty-Fifth Report - Progress with trade negotiations
18 Mar 2022
HC 993
Addressee Bodies
HM Treasury
Timeline
Recommendation age
4.5 yrs
Report published
18 Mar 2022