The Department for International Trade has launched a new grant scheme designed to support UK firms to expand internationally. Called the Internationalisation Fund, grants of between £1,000 and £9,000 will be made available to eligible firms covering a wide range of international business activities, from export consultancy to digital marketing. Businesses will need to cover
The UK has failed to reach a post-Brexit agreement with Norway over the rights for UK vessels to access Norway’s sub-Arctic waters. With the UK leaving the European Common Fisheries Policy at the start of the year and now dealing directly with Norway, an agreement couldn’t be reached after the UK government’s ‘fair offer’ was
The European Parliament will this week vote on the post-Brexit trade agreement between the UK and EU and are expected to back the trade and cooperation agreement. This final step in the trade deal’s approval is likely to be confirmed this Tuesday (27th April), close to its own end of April deadline to conclude the
Trade between the UK and the EU recovered in February after a big drop at the start of the year. Following the end of the transition period and the start of ‘Brexit for real’ for companies on both sides of the Channel, exporting activity had slumped 42%. But data from the ONS found that exports
UK steel exports into the EU have dropped significantly since Brexit, with volume in Q1 2021 down a third on previous years. Trade body UK Steel shared the figures with the Mirror, showing how shipments from the UK into the EU fell from an average of 630,000 tonnes to just 420,000 tonnes in the first
Last month, Go Exporting CEO Mike Wilson joined Pervinder Singh, the editor and founder of the UK India Trade Portal to discuss navigating the Indian market and opportunities for bilateral trade. In the interview, the two discuss why British companies should consider trading within the Indian market and the most effective approaches to market entry.
This week we joined Enterprise Nation for a Lunch and Learn session all about exporting following the end of the transition period at the start of the year. In this webinar recording, learn the implications of Brexit with a guide and checklist on how to prepare for export in a post-Brexit world. Watch the webinar
UK food and drink exports have suffered a huge year-on-year trade reduction according to new data from HMRC. Data compiled by the Food and Drink Federation shows showed a £42m fall in cheese exports – from £45m to just £7m – whilst whisky exports fell from £105m to just £40m. Chocolate exports also suffered, dropping
A study released this month has found that London has maintained its status as Europe’s main financial hub – but global players are catching up. That’s according to Z/Yen’s Global Financial Centres Index (GFCI) which reported that, although London had maintained second place globally, it has lost 23 index points since September 2020 with Shanghai,
A report published this month has highlighted just how vital exporting is in supporting quality jobs. The assessment report on jobs, published from the Fraser of Allander Institute at the University of Strathclyde, found that 23% of all UK full-time jobs in 2016 were supported by exports. Of those FTE jobs supported by exporting activity,