Starting a new business? Get 40% off our accountancy services for 3 months! 😀


As the UK economy struggles, Lord Green has doubled the number of small businesses in the UK to be assisted by the UK Trade and Investment agency over the next three years. In the original plans, the target for national export assistance to small businesses was 25,000 by 2015. Lord Green has announced that the figure will now be doubled to 50,000. The Export Credit Guarantee department will also be renamed UK Export Finance. This agency provides insurance to protect export companies whose overseas clients don’t pay.

According to Lord Green, a number of new products had been launched by the UKTI agency this year, to provide insurance and finance guarantee but take up has been lower than expected. He believes this is due to the business community not being aware of the agency and what they do. Although Lord Green realises that export isn’t suitable for all businesses, he does consider future growth to be dependent on exporting.

The increased focus on exportation comes as official figures reveal the value of imported goods and services increased in September, compared with August, However, the number of exported goods and services fell in September. The chief economist at the British Chambers of Commerce, David Kern said:

“Unless growth in exports accelerates, and British businesses gain market share from imports, it will be difficult to sustain growth in the UK.”

Kern calls for increased support from the government for small businesses, in the provision of trade finance, promotion and insurance.

Inline Feedbacks
View all comments

Read more posts...

June 2022 Client of the Month: Manea Kella

This month we spoke to Adrian Manea, architect and director at Manea Kella, a London based RIBA Chartered architecture and interior design…

Read More

Succession Planning for Business Owners: What Comes Next?

When you own a business, it’s extremely normal to feel like you’re surviving one day to the next – ‘winging it’, as…

Read More

The Accountancy Partnership – Our Positive Reviews

Here at The Accountancy Partnership, we’re proud of our customer reviews The reviews we receive from our customers show how hard we…

Read More
Back to Blog...

Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.


You only need this service if you want us to complete the bookkeeping on your behalf.

Would you prefer to complete your own bookkeeping?


Call us on 020 3355 4047 if you’re not sure.