Kevin Brennan – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Kevin Brennan on 2016-03-16.

To ask the Secretary of State for Business, Innovation and Skills, with reference to Best in Class, published by the CBI in December 2015, if he will make an assessment of the potential merits of Swedish four box grid approach to analysing the attractiveness of international markets.

Anna Soubry

In CBI’s Best in Class report, the reference to the Swedish four box grid approach was part of a wider recommendation on allocating overseas resources for business support.

The UK Government recognises that it has a crucial role to play in supporting businesses that export and invest in international markets.

The Government is committed to focusing UK Trade and Investment (UKTI) overseas resources for business support in those markets that can deliver greatest benefit for the UK. UKTI uses similar publicly-available market data to Sweden (including GDP growth, political risk and the ease of doing business) in its assessment of export markets, but importantly this is just one input into the opportunity-focused, five-year rolling business planning process being developed to guide resource decisions.