Chris McDonald

Chris McDonald

Labour — Stockton North

Speaking in the House of Commons on 19 November 2025

Debate

Specialist Manufacturing Sector: Regional Economies

Contribution

The hon. Gentleman is right that UK Export Finance’s plan is to encourage an additional 1,000 businesses, but that is not the limit of our ambition with regard to SME exporting. It is important that we increase not only the number of SMEs that are exporting but, as I said earlier, the competitiveness of SMEs, so that they can increase the percentage of their exports. The work we are doing on UK procurement will also help with that by giving a baseload of orders to UK businesses that will then increase their competitiveness and enable them to win more export orders.

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