Online service providers need to start preparing for an end to the UK’s inclusion in the eCommerce Directive following the conclusion of the transition period between the UK and EU. The eCommerce Directive is a set of rules relating to online activities within the European Economic Area and allows member states to operate in any
As the UK government and European Union negotiators continue in their search for a mutually-agreeable trade agreement, businesses have to carry on preparing for the end of the transition period as best as possible. Whilst no future deal is guaranteed, what is almost certain is a change in the way the two parties do trade
Over 100 business leaders from UK companies and business groups have written to the prime minister, once more reiterating the damage that a no-deal Brexit would cause to the economy. With Britain due to leave the EU at the end of this year and, despite the coronavirus pandemic, Boris Johnson confirmed that he won’t be
Last month, Go Exporting CEO Mike Wilson spoke to Ramzi Bouchrit on his web show on international trade to discuss a range of exporting issues, including Brexit. What factors do businesses need to consider? What will happen if a trade deal with the EU isn’t reached? Will the UK still be a viable option for
The UK government has formally notified the European Union that it won’t be seeking an extension to the Transition Period and wouldn’t accept one should it be offered. Following the announcement, the government set out details of its accelerated border planning for controls on EU goods coming into the Great British marketplace from January 1st
The UK has begun the first round of trade negotiations with Japan in the first step of government plans to join the Comprehensive Progressive Agreement for Trans-Pacific Partnership (CPTPP) – a trading region which covers nearly 500 million consumers from Australia and New Zealand to Chile, Canada and Peru amongst others. Designated ‘a key UK
The UK’s smallest exporting firms are reportedly ‘jumping before they’re pushed’ by selling products away from the EU. Some £10bn in exports have been diverted to other international markets over the last four years according to research from Aston University in what it calls evasive action from businesses to mitigate the damage of a potential
The Bank of England has warned lenders to bolster their no-deal Brexit planning in the event of a cliff-edge departure from the European Union at the end of the year. Governor Andrew Bailey, who in his first few months in the role has already had a pandemic crisis to deal with, has called on financial
The coronavirus pandemic has hit food and drink exports hard with a £700 million drop in value compared to 2019, equating to a 12.7% fall. That’s according to the Food and Drink Federation who noted whisky, chocolate, cheese, salmon and gin as the hardest hit, pulling back on increasing demand over the last five years
The government has agreed to temporarily guarantee trade credit insurance to support businesses struggling to get cover during the pandemic. The guarantee will help both domestic and exporting companies within the supply chain. With almost all sectors being financially impacted due to coronavirus, some firms have seen the number of payment defaults increase, making it