Downing Avenue reworked right into a festive avenue market to showcase one of the best of British enterprise from across the UK Prime Minister together with the Chancellor to point out their help for small companies Seems on the tenth anniversary of Small Enterprise Saturday
Downing Avenue was reworked right into a festive avenue market to showcase companies from all around the UK.
The Prime Minister was joined by the Chancellor, enterprise and trade leaders and commerce envoys to point out their help for rising British firms.
Twelve firms from throughout the UK held a stand to advertise their merchandise and show how they’ve benefited from our impartial commerce coverage by taking their merchandise to the worldwide market. For instance, one of many exhibitors – Wensleydale creamery primarily based within the Yorkshire Prime Minister’s constituency – has grown to make use of over 200 folks and export their cheese to 16 international locations, together with the US and Australia.
One other exhibitor, SamosaCo, primarily based in Cardiff, sells all through the UK and exports to markets within the Netherlands, Spain and Singapore. Birchall Tea, who additionally introduced their merchandise right this moment, is likely one of the largest exporters of East African tea on the earth, shopping for and transport hundreds of thousands of kilograms of black tea yearly.
It comes because the Small Enterprise Saturday marketing campaign celebrates its tenth anniversary. Small Enterprise Saturday is an annual grassroots marketing campaign that encourages folks to help small companies of their communities.
Over the previous decade, the Authorities has offered free, neutral help to greater than 287,000 companies by Progress Hubs, offered £12.2bn of funding to promising small companies to remain forward of the market, and made practically 99,000 start-up loans by the UK Enterprise Financial institution to new entrepreneurs. 1000’s of UK firms have additionally joined the Export Academy and have constructed their data of promote their merchandise internationally.
Prime Minister Rishi Sunak stated:
I’m delighted to welcome these unbelievable firms to Downing Avenue, a lot of whom have inspiring and memorable tales of how they’ve grown their companies within the UK.
Companies throughout the UK can relaxation assured that this authorities will all the time help them, particularly in these difficult financial occasions. We’re supporting companies with £13.6bn of help over the following 5 years, with additional help for companies with their power payments by the Power Invoice Reduction scheme.
Rising up in a household enterprise, I do know the transformative affect a small enterprise can have on the native financial system and neighborhood. So this Saturday I am encouraging everybody to get behind their native companies and spend money on Britain.
A report 5.5 million small companies registered within the UK in early 2022, using 16.4 million folks within the UK. However the authorities acknowledges that firms are beneath nice strain.
We offer further help for small companies by the Small Enterprise Assist Scheme. 99% of UK companies may use the annual funding deduction to write down off the complete price of any eligible plant, equipment or tools they buy to a now everlasting stage of £1million.
Later this week, the Enterprise Secretary will present extra particulars on how we shield small companies from late funds from bigger prospects, which may harm their money circulate and enlargement prospects.
Chancellor of the Exchequer Jeremy Hunt stated:
For a lot of households, visiting the Christmas markets is likely one of the highlights of the yr. Along with being a celebratory deal with, this occasion celebrates the hundreds of thousands of small companies which are the spine of our communities.
Whether or not you are a butcher, pub proprietor or hairdresser, this authorities has put aside important help for enterprise charges and utility payments to assist native companies by the present challenges and develop.
Since we left the EU, we now promote our beef, lamb and poultry in Japan, beef within the Philippines, beef and lamb within the US and pork in Mexico, Chile and Taiwan. This provides British producers and firms new alternatives to increase into the worldwide market.
We’ve commerce and funding groups primarily based in Scotland, Wales, Northern Eire and the North East, with devoted groups to make sure each enterprise, wherever within the UK, has our full help. Exports help well-paid jobs, and by sending our merchandise overseas, we’re driving development and jobs throughout the UK.
Final yr we printed our export technique, which can assist UK firms double their exports and promote their world-class merchandise world wide. The 12 level technique offers firms the instruments they should turn out to be a nation of exporters and reap the advantages of our free commerce agreements.
Unlocking the UK’s export potential will assist carry the nation and increase the UK financial system, with UK exports estimated to carry £748bn to our financial system within the 12 months to September 2022.
Extra details about firms that held avenue stalls could be discovered under:
British Craft Home (Hampshire): The British Craft Home is a platform the place producers can promote their merchandise. They promote items and handmade jewelery made by small impartial firms within the UK.
SamosaCo (Wales): SamosaCo was based 40 years in the past by the Sandhu household in Canada, the place they started promoting samosas to their prospects from their grocery retailer in Toronto. Now primarily based in Cardiff, the corporate sells all through Wales and the UK, exporting to markets within the Netherlands, Spain, Singapore and shortly to the UAE and Belgium. A few of their UK prospects embrace Cotsco, Ocado, Morrisons and Tesco.
Sandwick Bay Candles (Scotland): Sandwick Bay Candles make handmade soy wax candles in Scotland. Mom-of-three Megan MacDonald began making candles at her kitchen desk in 2015 as items for her daughters’ lecturers. Megan determined to strive an actual manufacturing run in February 2016 and offered 250 in her first month alone. Megan has moved her enterprise to a small workshop on Stornoway the place she is supported by 12 staff.
Corgi Socks (Wales): Primarily based in Ammanford, Corgi was based in 1892. They’ve been making socks for the royal household for over three many years. Final summer time Corgi additionally designed the socks for the Wales Soccer workforce.
Tiny Field (East Sussex): Tiny Field Firm is the UK’s largest on-line e-commerce reward packaging firm with over 1000 merchandise and over 120,000 prospects. Rachel Watkyn began her enterprise in 2007 and has grown Tiny Field into an organization with 90 staff and a turnover of round £10 million.
Plum & Ashby (South East): Plum & Ashby was based by two mates, Vicky White and Freya Nicholson, in 2014. Their merchandise are made within the UK, primarily from glass with recyclable packaging. Their workforce relies in Fareham, Hampshire, and their vary is obtainable from over 400 sellers worldwide, in addition to on-line. In addition they have distributors in Norway, Taiwan and the UAE.
Salt Glass Studios (Norfolk): Salt Glass, based by Max Lamb and Dr. Fiona Wilkers in 2011, is a Norwich glass studio run by artists from the Royal School of Artwork & Slade College, UCL. They use conventional processes of melting, casting, glass blowing to create design objects and customized commissions and in addition conduct programs for the general public all year long.
Birchall Tea (Wiltshire): Birchall Tea is likely one of the largest exporters of East African tea on the earth, sourcing and transport hundreds of thousands of kilograms of black tea from the continent every year. It has buying and selling workplaces in East Africa and a tea manufacturing facility in Wiltshire.
Nearynogs (Northern Eire): NearyNógs are the primary bean-to-bar artisan chocolate makers in Northern Eire and the oldest in Eire. The chocolate manufacturing facility has switched to photo voltaic power and all packaging is created from recyclable supplies, could be recycled or is biodegradable.
Finnebrogue Artisan (Northern Eire): Finnebrogue is likely one of the UK’s largest artisanal meals producers. It’s a household enterprise primarily based in County Down, Northern Eire. The corporate produces premium meat and vegetable merchandise. It’s a main provider to among the finest supermarkets within the UK and Eire and has over 1200 staff.
Wensleydale Creamery (Yorkshire): The Wensleydale Creamery produces over 20 sorts of cheese and employs over 200 workers at its creamery in Hawes, North Yorkshire. Wensleydale Creamery exports to 16 international locations, together with the US and Australia.
Fearless Academy (Manchester): The Fearless Academy provides digital expertise teaching with the purpose of supporting firms in upskilling their workers and other people fascinated about digital advertising and marketing. The aim is to retrain and retrain 1000 folks by the tip of 2025. Programs are at present being funded in Larger Manchester and Liverpool and the ambition is to launch throughout the UK in 2023. They’ve been supported by the mixed authorities of Larger Manchester and Liverpool in delivering Abilities Bootcamps, a part of the federal government’s Lifetime Abilities Assure.
