Data released by the Office for National Statistics (ONS) show that UK exports are at a record high.
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A new survey conducted amongst major investors and business leaders around the world has found that Britain is regarded as the world’s top investment destination for businesses. Despite the concerns regarding Brexit, the study on corporate deal-making found that for the first time in the last 10 years the UK […]
HM Revenue & Customs (HMRC) has announced that the deadline for applications for funding from a Government initiative designed to help businesses prepare for the UK’s exit from the European Union (EU) has been extended to 31 May 2019. The £8 million funding will help businesses to meet the costs […]
Support for SME’s who consider exporting to other countries is plentiful but research revealed owners prefer getting on a flight and discovering the best local partners for themselves. Even in the face of uncertainty of which the UK’s future trading relationship with the EU hangs in the balance. According to […]
The general export facility (GEF) will allow the UK’s export credit agency to support the UK’s SME’s exporters by assisting with their overall working capital requirements, as opposed to its out-dated method of financing specific contracts. The introduction of GEF was revealed by the UK’s Chancellor Philip Hammond in the […]
Recent reports have suggested that the UK Government may be forced to significantly cut trade tariffs on between 80 per cent and 90 per cent of goods in the event of a hard or no-deal Brexit. According to some, tariffs could be completely done away with for some goods, including […]
The UK’s new fully functioning trade remedies system has been established and will help to protect UK businesses from injury caused by unfair trading practices, such as dumping and subsidies, or injury caused by unforeseen surges in imports from 29 March if we leave the EU without a deal. The […]
A trade continuity agreement will see British businesses and consumers benefitting from continued trading arrangements with Fiji and Papua New Guinea after the UK leaves the EU. The agreement allows businesses to trade as freely as they do now, without any additional barriers or tariffs. It eliminates all tariffs on […]
According to the latest trade statistics for 2018, exports of goods from the UK grew at the second fastest rate of the top five major global economies. Despite the difficult backdrop and uncertainty of Brexit and a general slowdown in the global economy, British exports grew by 2.7 per cent […]
Currently, thanks to its membership of the European Union, the UK enjoys more than 40 trade agreements with more than 70 different countries. However, after the UK departs the EU on 29 March it will no longer have access to these deals, which is why the Government has said for […]