Yearly Archives: 2022

The UK is currently seeing its currency falling in value against the US dollar. The sterling hit a historic 37-year low of $1.09 following the recent mini-Budget. Whilst the latest drop against the dollar is a source of concern for British economic policymakers, international companies may be able to take […]

The UK could be moving towards forging stronger ties with Europe once again following its departure from the EU. Membership of a new European ‘club of nations’ is being considered by the Government and it wants to see more detail before deciding whether to attend the first meeting to be […]

EU legislation still in place within the UK will be amended, repealed, or replaced under The Retained EU Law (Revocation and Reform) Bill 2022 (the Bill) introduced to Parliament this week. Under the Bill, the majority of retained EU law will ‘sunset’ so that it expires on 31st December 2023. […]

Importers have been told to start practising for the switch to the new Customs Declaration Service (CDS), which happens at the end of the month.

The UK is currently seeing its currency falling in value against the US dollar. The sterling hit a historic 37-year low of $1.1351.

British importers and exporters have been invited to join an event described as ‘a great opportunity for British business.’ For the second year, the Department for International Trade (DIT) has announced it will be running International Trade Week, a series of events dedicated to boosting UK trade. It will run […]

A leading international trade body has called for action after it was revealed that many companies have lost the essential skills in how to sell their goods overseas.

The UK is to launch what it describes as one of the world’s most generous trading schemes with developing countries. The Government has claimed that British businesses can benefit from more than £750 million per year of reduced import costs, leading to more choice and lower costs for UK consumers.

The UK is looking to build upon the trade deal struck with Australia last year, by targeting specific regions and building its influence in the Indo-Pacific region.

While the UK is still striving to reach a comprehensive trade deal with the United States, a second deal has been struck with one of its states. July’s Memorandum of Understanding (MoU) with North Carolina is the latest step in the Government’s US state-level trade strategy. What are the benefits? […]