Go Exporting’s free coronavirus Live Chat support service for exporting businesses has helped change the rules surrounding the government’s emergency loan scheme, making it easier for exporters to access funds. The Coronavirus Business Interruption Loan Scheme has made £1.25 billion available to UK firms who have seen trade dry up due to the lockdown. However,
Enterprise Ireland has launched its UK Local Authority Report following working with Go Exporting to produce and provide the research and overview. The report outlines the 353 UK councils, their structure and the opportunities they present for Irish companies. See below for a snapshot of the report. Enterprise Ireland is the Irish Government’s trade and
Businesses who made contingency plans ahead of a potential no-deal Brexit could be better placed to mitigate the disruption and economic standstill caused by the coronavirus pandemic. That’s according to directors at some British firms where scaling back investment and diverting capital to create stockpiles of critical components has left them in a better position
The Department for International Trade has set out the support on offer for some 160,000 UK exporters and international investors. Through direct communication sent last week, the DIT outlined how firms can secure export finance to enable them to keep trading during the pandemic as well as advice on other financial support available to businesses.
Today Go Exporting has launched a free Coronavirus advice and support Live Chat service. The Live Chat is available to any exporting business to ask specialist questions and get expert advice on matters relating to international trade where Coronavirus has affected their business operations. The service is designed to support exporters to navigate as best
Goods exports across all four UK nations rose once more in 2019 ending a strong year heading into the current period of pandemic uncertainty for businesses. HMRC reported that, over the 12 months, international sales of goods from England rose 2% to £254bn. Scotland saw the largest growth at 4.4% to £33.6bn whilst Wales saw
Businesses are reporting that coronavirus is starting to impact their supply chains. That’s according to a survey by the Institute for Supply Management of over 600 US companies which found that nearly 75% of firms are seeing capacity disruptions within their supply chains as a result of transport restrictions due to the pandemic. More than
Coronavirus has already had a huge effect on businesses worldwide and is starting to infect the working norms of UK firms too. On the day that the Bank of England dropped the base rate back to a historic low and The Budget included measures including covering the cost of sick-pay for small businesses, many large
Government-backed agencies designed to help UK businesses trade overseas are reportedly struggling to meet targets as SMEs show reluctance to sell overseas. That’s according to a report from the British Business Bank which found that exports from small and medium-sized businesses account for just 32% of UK exports, down from 50% 11 years ago. The
The government has announced plans for up to 10 freeports to be opened across the UK as part of a wider plan to ‘regenerate communities and turbocharge Britain’s post-Brexit growth’. Currently in a 10-week consultation period, the aim is to announce the location of the new zones before the end of the year and to