I was delighted to be reappointed Minister for Investment at the Department for International Trade (DIT) the other day by our new Prime Minister. Being a Yorkshire MP, I feel passionately about the role the Federal government can play in helping this country’s businesses to flourish in a fast-moving global economy. Since that time, DIT has been active championing the economic passions of our country’s great regions abroad – Yorkshire pre-eminent included in this – and I’m incredibly pleased with what we’ve achieved so far. Exports up are. April 2016 and March 2019 Between, DIT and its predecessor helped UK businesses export goods and services worth around £99bn.
This month will be our 39th consecutive month of export development. Yorkshire is sense the power – goods exports from Yorkshire and the Humber region to the rest of the world grew by 7.Season to a record high of £18 6 per cent in the last financial.3bn. The number of exporters in Yorkshire reaches its highest level also, rising 22 per cent to 14,500, based on the latest data.
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Since DIT was founded, more than 230,000 careers have been created and safeguarded over the UK consequently of the international direct investment projects this department has supported – driving wealth into all corners of the united states. This means that we aren’t only delivering for the united kingdom general public but also providing for UK plc – bringing in investment to your shores and making sure UK firms continue to thrive and be successful overseas.
We’re placing businesses in the center of our services: from government-to-government involvement at the top level to the day-to-day support for small and medium-sized businesses seeking to break into new markets. For example, in May, DIT backed 16 firms to travel to South Africa to be able to attend the Africa Health 2019 trade good as part of a trade mission organized by DIT and Medilink UK.
This included many businesses from the north of England, including Bradford-based Sunflower Medical and Leeds-based Medasil. The objective provided an unrivaled opportunity for the participating in businesses to meet potential new purchasers and learn more about overcoming obstacles and breaking into new marketplaces in Africa. In June, DIT worked with Mumbai-headquartered global technology firm Mastek to support the announcement of the £12m investment by the business into a fresh digital skills graduate program for 120 graduates in Leeds, creating 200 new careers.
This investment will be important to the local community and can ensure the UK’s technology industry is constantly on the prosper. This new strategy will help change our great port metropolitan areas and trading hubs to see even more manufacturing moved back to Britain and new businesses arrive on our shores. An activity such as this is just a little snapshot of what DIT is doing to support the united kingdom overall economy and help British businesses along the country. We’ve proven our value and can continue to do this in the future. This is the time to invest in giving British business the support it needs and understand the fantastic opportunity in front of us.
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