Factors to consider before making your business global

SPONSORED CONTENT - Skander Malcolm, managing director and CEO of forex provider OFX, looks at the prospects for UK exports in a post-Brexit world.

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What are the prospects for UK exports?

Exports already account for one third of Britain's GDP, which is higher than the average for similar big G7 economies. However, currently only around 20% of small and medium sized-enterprises (SMEs) are exporters: increasing that proportion will be crucial in coming decades. For the UK, part of the logic of Brexit is that (assuming it does end up outside the single market and customs union) it will be able to sign its own trade deals around the world.

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