UK Announces Creation of Four New Trade and Investment Hubs
The United Kingdom will establish four new trade and investment hubs in Scotland, Wales, Northern Ireland and northeastern England to bolster its exporting ability, International Trade Secretary Liz Truss detailed in a March 23 news release. These Edinburgh, Cardiff, Belfast…
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and Darlington hubs will house teams of export and investment specialists to help businesses maximize their export potential and access major trade markets, the release said. The Department for International Trade expects to have 550 staff at these hubs by 2025, with an ultimate goal of 750 by 2030. “I'm determined to use UK trade policy to benefit every part of the UK. These Trade and Investment hubs will help this country to an export and jobs-led recovery,” Truss said in the release. While technically launched in September, the Edinburgh hub will see a large surge in employees following this March 23 relaunch, the release said. The Darlington hub will also be the city's second major Department for International Trade site.