CBI and Finastra survey shows UK SMEs face significant barriers to international trade

Research from the CBI and Finastra, canvassing the opinions of UK small and medium-sized businesses (SMEs), suggests that there’s a gap between the ambition of firms to trade internationally and the reality of doing so. While just 44% of businesses surveyed currently engage in international trade, only 23% said they were not interested in doing so. One third of respondents believe there’s potential value, but do not trade internationally due to perceived barriers and a lack of support. Continue reading