World-famous British food and drink, car, rail, and fashion industries are among those that could benefit from tariff-free trade with Australia. Some of Britain’s most famous exports could enjoy major wins from a UK-Australia trade deal, the Department for International Trade has revealed this week. UK negotiators are working to remove tariffs impacting our car, train, fashion, […]
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With the double whammy of the pandemic and Brexit, expanding your business abroad could look like a risky project while uncertainty in both areas prevails. But branching out into a new market can be exciting, so preparation, preparation and more preparation is key before taking the plunge. It is important […]
China has replaced Germany as the biggest single import market for the UK in the first quarter of the year. The UK’s trade with the EU has slipped by nearly a quarter, according to the Office for National Statistics (ONS). Trade with the EU fell by 23 per cent at […]
Countries in Europe sharing the euro currency slipped into a technical recession in the first quarter of the year, as they were hit hard by the global pandemic.
New Government advice will help traders submit customs import declarations for non-controlled goods imported from the EU, it has been announced.
Prime Minister Boris Johnson has announced new trade and investment deals with India worth £1bn, in a move that aims to secure a future full trade agreement between the two countries. It includes more than £533m of new investment from India into the UK, which is expected to create about […]
Europe’s biggest bank, HSBC, has reported stronger than expected profits and says the economic outlook is looking brighter. The bank reported income of $5.8 billion (£4.2 billion) for the January-to-March period, up from $3.2bn a year earlier. More than half of its profits came from Asia, the region where the […]
The impact of the Government’s new freeports policy has been questioned by a Parliamentary committee. As the UK prepares to roll out its freeports policy to “turbo-charge” post-Brexit trade, a report released this week by the International Trade Committee questions the real impact of the special trade zones on British […]
The news that confidence among Britain’s biggest businesses has hit a record high, has been followed up with good news on UK trade with the EU. According to new figures published as parts of the economy reopen from lockdown, optimism is at its highest level for 13 years. A quarterly […]
As Covid-19 kept consumers around the world at home, nearly everything from groceries to gardening supplies was purchased online.