The government is putting its focus on encouraging world exports as it believes this is the way to boost the country's economy, a corporate finance expert has said.
Georgia Raimes of foreign exchange broker World First voiced her opinion on the importance of exports in helping fiscal recovery for the UK.
She stated that as Britain is not a major exporting nation like Germany and China, it is "not as big a factor" as it would be for those countries.
However, she went on to say: "The government has been focused on rebuilding exports and allowed the pound to devalue in order to assist this."
Therefore, Ms Raimes stated that it is "key in the overall recovery" of the UK's economy, which corporate financing groups may wish to take note of.
Her comments follow a report from the Ernst & Young ITEM Club released last week, which predicted that there will be a period of growth for UK exports.
It said this will be driven by focusing exports towards Brazil, Russia, India and China, as well as an increase in competitiveness as a result of the weak sterling.
