We were concerned that the Department concentrates on identifying which overseas markets might provide contacts for the UK’s existing exporters.16 These may be larger firms in more established markets that already generate high value exports. However longer-term export growth will come from focusing on some of the smaller innovative businesses which have potential to grow. The Department noted that large companies often employ a lot of people and create a lot of value but agreed that it shoul...

We were concerned that the Department concentrates on identifying which overseas markets might provide contacts for the UK’s existing exporters.16 These may be larger firms in more established markets that already generate high value exports. However longer-term export growth will come from focusing on some of the smaller innovative businesses which have potential to grow. The Department noted that large companies often employ a lot of people and create a lot of value but agreed that it should also focus on smaller firms, and encourage companies that are not currently exporting to do so.17 The Department recognises that one of the most signif Type: conclusion | Number: 9 | Response status: not_addressed