Blog

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? […]

British businesses have been warned that they face significant delays to their imports if they don’t move to a new customs service. HM Revenue & Customs (HMRC) says more than 3,500 British firms could be affected if they do not move over to the UK’s new Customs Declaration Service (CDS). […]

UK trade via Northern Ireland to the Republic of Ireland (ROI) is booming, with imports to Northern Ireland up 23 per cent and 42 per cent in the opposite direction. The increase in movement of food and live animals from Northern Ireland to ROI was steep, rising from €119 million […]

Trading with the EU post-Brexit means businesses and traders have to comply with a series of new regulations, including the use of EORI. The EORI number (Economic Operators’ Registration and Identification number) is an operator identification that operates throughout the European Union. Post-Brexit, non-VAT-registered businesses need an EORI number to […]

According to the latest data from the Department of Trade & Industry, the total trade in services and goods between China and the UK hit £93.4 billion in the first quarter of 2022. This is an increase of £4.9 billion or 5.5 per cent compared to the same period a […]