Yesterday (1st February) Business Minister Kevin Hollinrake announced that grants of up to £75,000 will be made available to UK regulators and industry bodies to help them develop agreements with their international counterparts for UK professional qualifications to be recognised overseas.
This will have a positive impact on UK businesses by making it easier for them to export their services. The first round of funding supported UK professionals in accountancy, auditing and legal services to boost their presence in countries such as Australia, New Zealand, Ireland and India.
Minister Kevin Hollinrake said:
“This additional funding will further support UK qualified professionals to export their expertise overseas, winning contracts and scaling up their businesses.”
For more information on the grant, which runs until 31 March 2025, click here.
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