Share Red tape stunting UK factory exports by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCute whatsapp whatsapp KCS-content BRITAIN’S manufacturers are being held back from lucrative export markets, the British Chambers of Commerce (BCC) said yesterday.More than one in four manufacturers does not export at all, and 82 per cent of industry respondents identified export controls as a barrier to trading overseas.“Overly zealous export control rules can stand in the way of reasonable trade,” the report states. It calls on Vince Cable to deliver his pledge to reduce “onerous business taxes, red tape which suffocates small firms, and a slow oppressive planning regime.”Many small and medium sized businesses say “the needs of big business are taken into account when the government is creating regulation,” harming their own prospects.And tax credits to encourage research and development (R&D) are unnecessarily complex and too prescriptive, also deterring small, innovative companies, the BCC found. The UK spends half a per cent less of its GDP on R&D compared to peer countries.The education system is also failing to provide young people with the necessary skills, the report found.And banks should be “more adept at serving the specialised needs of manufacturers,” it said.Yet British manufacturing was the seventh largest in the world in 2009. More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Show Comments ▼ Monday 20 December 2010 7:38 pm Tags: NULL Output, productivity and value have increased since the 1980s, despite a fall in employment in the sector. The UK has “a strong international position in many higher value areas such as pharmaceuticals and aerospace,” the BCC said.And manufacturing has become the economy’s success story this year. In the third quarter the sector was 5.8 per cent up on the same time in 2009, the government revealed this month.Yet the industry still “needs to rediscover its trading spirit,” said the BCC’s David Frost.