Eight of the UK’s 10 industry groups saw export growth between 2015 and 2017 according to the latest data released by HMRC. The data, compiled from the Overseas Trade Statistics and Office for National Statistics, found that 151,000 UK firms exported goods and employing some 9.7m staff. Of the 10 industry groups, just two saw
New figures from the Office for National Statistics has shown the number of exporting UK SMEs increased by 6.6% in 2017 compared to the year before. Part of the Annual Business Survey, figures showed an increase in total exports to £637bn in September – an increase of 4.4% compared to the year previous, highlighting an
When Theresa May left the CBI conference last week she would have been forgiven for believing that businesses were on her side when it came to the Brexit deal she’s brought back from Brussels. Indeed, the CBI’s deputy director general, Josh Hardie, said in a statement that: “It appears that we’re on the cusp of
The boss of Rolls-Royce has urged politicians to back Theresa May’s draft Brexit agreement with time running out to agree any alternative. Joined by many other business leaders who came out publicly to back May’s Brexit plan, Mr East mirrored the sentiment of thousands of company leaders up and down the country in calling for
Huge Brexit news this afternoon and evening as UK and EU officials confirmed that they have agreed a draft Brexit ‘text’. Talks between Theresa May and her cabinet members have been held today before further discussions tomorrow afternoon. The news saw the pound surge against the dollar and the euro, though the cabinet and then
The number of small and medium-sized businesses in the UK expecting growth has dropped to its lowest point in nearly 10 years according to a new report. The research called the UK SME Manufacturing Barometer, conducted by SWMAS found that 13% fewer firms asked expected to see their revenues increase over the next six months.
British businesses are gearing up to trigger Brexit contingency plans as the deadline for a deal looms closer. According to the Confederation of British Industry who surveyed a broad spectrum of companies, 40% said they’re standing ready to begin enabling their post-Brexit strategies within the next four weeks should further clarity on the potential divorce
Direct-to-consumer brands are killing it right now. More creative, marketing powerhouses with often a singular, awesome product to sell have started flooded the marketplace. And where’s the first place we often hear about these brands? That’s right, social media. Who knew that buying a new mattress could be so exciting before Eve Sleep and other
We’re very much into the final straight of EU negotiations but despite wranglings of the Irish border and varying preferred versions of Brexit from within British politics, a favourable deal offer is already on the table – and has been from the very start. That’s according to Jean-Claude Juncker, President of the European Commission, who
It’s been another topsy-turvy few weeks in the business of Brexit as Labour reaffirmed its position and likelihood of rejecting pretty much any deal which Theresa May manages to bring back from Brussels. But towards the back-end of this week, the rhetoric has become slightly more positive with the chances of a Brexit deal having