New EU sales legislation 'could boost UK exports'
- Published on Wednesday, 19 October 2011 10:15
- Posted by Scott Buckler
Small businesses in the UK could require additional logistics and distribution services if a prediction by one organisation comes true
The Federation of Small Businesses (FSB) has stated that new sales legislation that will apply across the European Union (EU) is likely to make it easier for small and medium-sized enterprises (SMEs) to trade across the region.
According to the organisation, the optional common legislation would improve the situation for one in five firms trading over the internet with other EU member states and increase the number of SMEs using contracts.
It is now urging the UK government to back the proposed regulations, which are intended to reduce obstacles to sales, as 18 per cent of firms claim they would make it easier for them to do business.
"Currently, small businesses could have to spend thousands of pounds on legal advice to get to grips with local laws and they clearly cannot afford this," FSB national chairman John Walker said, welcoming the plans for a single piece of sales legislation.
The UK's Office for National Statistics recently reported an increase in both exports and imports during August 2011.
Source: CILT UK