UK business on the menu: The South East set for a record year, says Liz Truss
Chief Secretary visits local businesses in Kent and urges them to take advantage of exporting opportunities.
- Chief Secretary to the Treasury, Liz Truss, visits wine and cheesemakers in the South East to highlight the success of home-grown produce and their economic potential
- Minister champions local businesses in the South East and urge them to take advantage of global exporting opportunities
Today (11 January 2019), visiting Winterdale Cheesemakers who are whetting local appetites with its award-winning Kentish cheese, and Hush Heath Wine Estate who specialise in sparkling rosé, Liz Truss will champion the success of the UK food and drink industries.
The UK cheese sector is going from strength to strength in terms of export demand, highlighting the economic opportunities available to businesses large and small from new markets.
Latest figures show that cheese exports alone were worth over £600 million to the UK economy, rising by nearly a quarter in 2017 driven by increased demand from Asian markets.
The Chief Secretary to the Treasury, Liz Truss said:
The South East is leading the way as one of the UK’s strongest exporting regions, offering impressive local-grown produce.
People around the world enjoy the best of British cheese and wine and we want this success to continue, ensuring UK businesses have every opportunity to increase their trade which will lead to more jobs and higher wages.
The South East is the UK’s strongest region for exports, exporting the highest value of goods in of any UK region. Since 2010 employment is higher and unemployment has also fallen faster in the South East than in London, with over 360,000 more people in employment and 140,000 more businesses.
Latest News from
Government's asset management taskforce revamped19/02/2019 13:38:00
Five new members are joining the group at a crucial time for the asset management industry.
Government sets out plans to overhaul waste system18/02/2019 13:12:00
The government launches a series of consultations to overhaul the waste system.
Welsh goods exports spurred by state-of-the-art manufacturing infrastructure15/02/2019 15:25:00
Liz Truss attends Finance Ministers Quadrilateral meeting in Cardiff and visits local engineering firm.
Marriage Allowance promoted on Valentine's Day14/02/2019 15:25:00
HMRC is encouraging married couples and people living in a civil partnership to sign up to the tax free break, which is worth up to £238 this year.
32 million people better off as key legislation passes final hurdle13/02/2019 15:48:00
The Finance Bill 2018-19 receives Royal Assent.
Terrorism insurance gap closed, giving peace of mind to businesses13/02/2019 14:38:00
Business owners will now find it easier to buy terrorism insurance that will pay-out if they lose custom in the wake of a terror attack because they cannot trade or are prevented from accessing their premises.
New stamp duty land tax surcharge for non-UK resident homebuyers to be introduced12/02/2019 11:10:00
Proceeds of the new surcharge would be put towards measures to tackle rough sleeping.
Changes to the Board of NS&I announced06/02/2019 14:15:00
Jill Lucas has been appointed as a NS&I Non-Executive Director and James Furse's term has been extended.