Help for firms to encourage investment and exports were among the measures for business announced by the chancellor.
The government wants UK exports to reach £1 trillion by 2020, and for 100,000 more UK companies to be exporting by 2020.
Loans for foreign buyers to purchase goods and services from UK exporters will increase from £1.5bn to £3bn, said UK Trade and Investment (UKTI), the government department charged with increasing UK exports. Interest rates for those finance packages will be cut to their lowest possible level.
“The government is working hard to help UK companies boost their exports,” said UK trade minister Lord Livingston.
