There has been a spike in sales of festive items as more than £10billion worth of Christmas food and drink was exported last year – up nine per cent on 2015, latest figures from HMRC show.
Minister for trade and export promotion Rona Fairhead said: “This Christmas families across the world will enjoy British-made food, drink and entertainment.
“This is a terrific time for our dynamic and innovative exporters to show the world what we offer.”
Britain’s factories are benefitting from an export boom as the weak pound and demand from the strong eurozone economies leave manufacturers with the biggest order books since 1988.
In addition to the HMRC figures, a survey from the Confederation of British Industry also found 42pc of manufacturers increased output in the past three months while just 11pc said it was down. 28pc said total order books are busier than normal compared with 11pc who said orders fell on the quarter.
Just over half of businesses of all sectors – 51pc – plan to increase their headcount, continuing to drive Britain’s jobs resurgence which has taken unemployment down to its lowest level since 1975.
Overall, UK exports of goods and services have increased by 14.5 per cent to £613billion.
International Trade Secretary Liam Fox said more than a year since the EU referendum, it was “clear evidence that UK companies are succeeding on the world stage and as an international economic department we are banging the drum for the growing demand for our goods and services”.
So much for Project Fear! The Remainers in the Cabinet, the Conservative Party, Opposition benches, Treasury and everywhere else should now recant and admit that the Project Fear was and is complete rubbish.
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