Barclays helping to provide exporting opportunities for UK SMEs
Barclays is helping SMEs in the UK to grow by providing them with exporting opportunities.
According to research from the bank, current market volatility and the fall in Sterling means that it is now an ideal time for businesses to export products and services.
The company is currently aiming to increase the number of new exporters by 2020 under a partnership with UK Trade and Investment (UKTI).
The number of businesses Barclays has helped to grow has risen by 3 per cent since the start of the year, as they have helped 12,000 SMEs to export in the first six months of 2016.
Barclays is now pledging to offer specialist help to SMEs.
Barclays Head of International Steve Childs said that now is a “great time” for businesses to export with a “wealth of opportunities” for British goods and services.
“While there are challenges for businesses that import, these are equalled, if not outweighed, by the possibilities that arise from exporting,” he said.