Deadline for consultation responses looms

British Exporters Association (BExA) chairman Susan Ross is urging brokers to help secure an extension to the government’s top-up trade credit scheme.

The government is consulting on extending financial help to British exporters, but the deadline for responses is 3 July.

Ross wants trade credit brokers to persuade their export partners to respond to the consultation.

Ross, head of Aon Trade Credit, said: “It is vital that brokers ask their exporters to respond to the consultation. If we can persuade the government to provide more cover, in the end the people who will win are the exporters and the British public.”

The government scheme, launched in March, tops up trade credit for companies that have had cover withdrawn, but not for suppliers exporting out of the UK.

The consultation is being carried out by the Export Credit Guarantee Department (ECGD), part of the new Business, Innovation and Skills Department.