A new study conducted among 1,000 companies by HSBC has revealed that UK importers and exporters are more positive about their growth next year than traders who only sell their products or services domestically. The researchers found that three-fifths of respondents that that import or export expect growth in 2022, […]
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The UK Government wants to build on international efforts to give special treatment when trading with poorer nations. Developing countries will face fewer barriers when they trade with Britain if the Department for International Trade presses ahead with proposed changes. Officials are seeking views on plans to ease rules on […]
Hopes for growth in trade have been boosted by Britain bouncing back strongly after the Covid-19 induced recession and predicted to grow faster than any economy in Europe. The International Monetary Fund (IMF) has predicted growth of seven percent this year, the strongest year for growth since records began following […]
The UK is nearing an agreement in principle on a free trade deal with New Zealand following the sixth round of discussions between the two countries. International Trade Secretary Liz Truss said that “great progress” had been made in the most recent talks, which ran from July 19-30. Ms Truss […]
Are you selling goods directly to UK customers after 1 January 2021? Follow this handy guide to help decide whether you need to register for VAT in the UK. For further information, please get in touch with our expert team. If you are selling to an individual If the consignment […]
Trade will be severely impacted for GB exporters to the EU who are not registered for VAT unless they sign up to a new scheme. The Institute of Export & International Trade (IOE&IT) says major changes to VAT, payable by traders selling into the EU and within the EU’s trading […]
The UK’s international trade secretary Liz Truss has returned from a goodwill tour of the United States, as the Government seeks the completion of a trade deal with the Biden administration and to garner support from top US businesses. During her tour, Ms Truss spoke with US tech leaders about […]
The European Union has urged the Government to consider a Swiss-style veterinary agreement with Brussels on agri-foods. It is hoped the move would end a post-Brexit ‘sausage war’ row over certain goods moving between mainland Britain and Northern Ireland. Tension has mounted over trade arrangements for Northern Ireland, particularly chilled […]
British businesses have been urged to prepare for changes to the rules over trade with the EU, which will come into effect over the next six months.
Trade will be severely impacted for GB exporters to the EU who are not registered for VAT, unless they sign up to a new scheme.