65.75 F
New York
June 4, 2023
Image default

East Midlands leads UK exports growth

The East Midlands may be the fastest growing region for exports in the united kingdom which includes a 13 per cent increase on in 2009 in accordance with official Government figures.

The latest data demonstrates that seven regions in England reported a rise in exports from the year ending June 2018, as well as the East Midlands made up the most significant rise.

The news continues to be jointly welcomed by three East Midlands Local Enterprise Partnerships – The Greater Lincolnshire LEP, The LEP for Derby, Derbyshire, Nottingham and Nottinghamshire (D2N2) additionally, the Leicester and Leicestershire LEP.

Ursula Lidbetter MBE, Chair of the Greater Lincolnshire LEP, commented: “The East Midlands is constantly on the outperform expectations in relation to economic output. These new figures are testament to most of the hard-working businesses based here.

“The East Midlands is a fantastic area to do the job, and as these numbers show, designed for exporters.

“As the LEP, we’ll always help our private and non-private partners to guarantee next year’s numbers are even higher.”

The figures happen to be welcomed by Chief Executive of Morningside Pharmaceuticals Ltd, Department for International Trade Export Champion and LLEP Board Member Dr Nik Kotecha OBE.

Dr Kotecha said: “The East Midlands is the manufacturing spine of your UK plus a major contributor to the united kingdom economy.

“Despite the uncertainty brought on by Brexit, East Midlands organizations are robust and aware of change, that is proven from the latest export results. As a whole, the Midlands Engine is an economic powerhouse which might only strengthen when the East and West Midlands continue to keep always work with together.

“Up to date exporting data is nice thing with the region, however for this to keep at it we should develop this achievement by encouraging and supporting more businesses to explore successful trade opportunities world wide.”

Sajeeda Rose, Interim Leader of D2N2, commented:UK companies that export have got a real competitive advantage, leading to more sales and new markets.

“The D2N2 LEP has always championed exporting as the catalyst for economic growth all over the D2N2 area and with the D2N2 Growth Hub is definitely trying to help its areas businesses expand and grow, both nationally and internationally.

“For the reason that D2N2 LEP creates its way of the efficient desolate man its area, we can still help our area’s businesses to capitalise on every possible opportunity that is available in their eyes, both here and overseas.”

Related posts

Northamptonshire company ordered to pay over 20,000 after polluting village air


Securing energy and managing water supplies crucial for development of Greater Lincolnshire economy


trentbarton Managing Director "shocked" at industrial action


Leave a Comment