Simon Fell welcomes figures showing service exports have risen in the North West

In 2011, the total value of service exports was £189.9 billion in the United Kingdom – by 2016, service exports rose to £254.0 billion. Over this period, the North West saw a £5,437 million increase in exports of services, up by 42% to £18,309 million in 2016.

 

Conservative Spokesman for Barrow & Furness, Simon Fell has welcomed latest figures which show that since 2011, service exports in the UK have risen by over £64 billion – that’s an increase of over 33 per cent.  

 

The figures are the latest confirmation that the UK remains a great exporting nation – with exports in goods and services helping to create more, better-paying jobs across the country.

 

The government’s Export Strategy will continue to build on these successes. This ambitious new plan will help to boost British exports to 35 per cent of GDP, so that British businesses can lead the way in creating jobs, raising wages and growing our economy.

 

Commenting Simon Fell said: 

 

“These figures show Cumbria and the North West is open for business, and that the excellent services provided by businesses across the area are in demand across the world. And through our modern Industrial Strategy, we will continue to back businesses to create good jobs in every part of the country.

 

“It’s great to see that so many businesses in the North West are exporting. Our Export Strategy will support more companies to export so that they can grow, are more productive and can create more, better-paid jobs.

 

“These results show we are in a position of strength as we begin to forge a new role for ourselves in the world – creating a UK trade policy so that we can build a country that works for everyone.”