Move towards export-led growth not sufficiently strong - Lincolnshire Chamber of Commerce and Industry, UK

Commenting on the November trade figures published today by the ONS, David Kern, Chief Economist at the British Chambers of Commerce (BCC), said:

“Although these figures show a welcome improvement in UK exports, it is clear that the much-needed rebalancing of the UK economy is not proceeding quickly enough.

“Given the favourable global background for British exporters – with a competitive Sterling exchange rate and robust growth returning in our key trading partners – our overall trading performance is still weak.

“To strengthen Britain's global position, the Government must support our exporters more effectively, as many other countries are doing, and it must reinforce measures aimed at ensuring that sufficient trade finance and insurance are readily available.”