UK drinks exports reached £8.3 billion last year, up 7 per cent on the previous year, according to figures released by the Office for National Statistics (ONS).
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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.
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.
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.
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 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.
Critics say HMRC plans to allow businesses to import from the EU with less paperwork mean officials won’t know what is coming in. Most EU goods will be waved through dozens of British ports to avoid any traffic delays if Britain leaves without a deal on 29 March.
New guidance has been published today to ensure import and export trade in animals, animal products, fish, food and feed can continue in the event that the UK leaves the EU without a deal.
The UK and USA sign an agreement to continue existing arrangements which help ease goods trade between the two nations. The arrangements which help boost British trade with the US will continue when the UK leaves the European Union (EU), supporting jobs in both countries.
Transitional Simplified Procedures (TSP) for customs will make importing easier for an initial period of one year should the UK leave the EU without a deal, HM Revenue & Customs (HMRC) has announced.