10 Chartered Accountants
Book a call... we'd like to hear from you...


Food exports on the menu
03 October 2013

UK food and drink businesses are being urged to tap into a growing international market for their products and boost their turnover by up to 20 per cent.

A week-long, government-backed focus on the sector, which began on 23 September, included two webinars, one featuring successful British exporters Hawkshead Relish and Typhoo Tea sharing their experiences of international growth and providing advice to other businesses.

Meanwhile, the Open to Export website – which supports small and medium-sized enterprises (SMEs) seeking help in exporting from the UK – has added new content, including case studies, exporting guides and links to organisations that can help.

The initiative will be complemented later in the year by the launch of UK Trade & Investment’s Food is GREAT campaign and the Food and Drink International Action Plan, the government’s long-term export strategy for boosting the growth of the sector.

Melanie Leech, director general of the Food and Drink Federation said: “Our research shows that a proactive approach to exports brings high growth for SMEs. Exporting can go on to account for as much as one fifth of their turnover.”

Food and drink is the UK’s largest manufacturing sector, with a turnover of over £90 billion. In the last five years, UK food and drink exports have grown by 61 per cent.

However, only ten per cent of SMEs in the sector export, and then mainly to close European neighbours.

Link: Open to Export information

Other recent news

Property investments once again hit by new tax rules
17 September 2018

In the last few years the property sector has been…
Read more

HMRC releases new advisory fuel rates for company car users
17 September 2018

With the price of fuel going up, employees and businesses…
Read more

One in ten small businesses are concerned about business failure
17 September 2018

A new study has revealed that in the last three…
Read more

A quick guide to the new penalties for late MTD filing and payments
17 September 2018

HM Revenue & Customs (HMRC) has announced a…
Read more

Regulator tells banks to stop victim-blaming
17 September 2018

The increasing sophistication of bank scams means…
Read more


Case Studies