There appears to be something of a thought gap when it comes to Brexit and business. On the one hand, various politicians thought leaders and media outlets will tell you the disaster that will incur after leaving the EU – especially in a no-deal scenario. But the other hand, held by businesses on the ground
A joint report by Google and Temasek Holdings has predicted that the Southeast Asian internet economy is expected to be worth $200bn within the next seven years. The report, called ‘e-Conomy Southeast Asia Spotlight 2017’, noted that growth last year outstripped expectations by 35%, worth $50bn at the end of the year. E-Commerce sales have
A new study has found that three-quarters of UK small and medium-sized businesses currently exporting are yet to factor in and formulate a specific post-Brexit strategy. The report, released by the Chartered Institute of Marketing and PwC Research, warned that whilst many firms are expecting to see export volumes and revenues grow over the next
Liam Fox has written an article for The Sun in which he encourages Britain’s small businesses to become ‘intrepid exporters’ whilst reinforcing the view that Brexit is a pathway by which the UK can become a trading superpower. The International Trade Secretary has been busy on the public relations front, sharing positive and motivational business
A new export strategy from the UK government aims to boost total exports to 35% as a proportion of GDP. The new plans aim to ‘make Britain a 21st century exporting superpower’ after extensive consultation with local businesses across sectors. Plans also set out targets to increase productivity, wages and job security. International Trade Secretary,
Over 5,000 UK companies paused exporting plans in 2016 as a result of the Brexit referendum result. That’s according to research released last month by academics at Cambridge, whose report also suggested that nearly 4,000 companies actively stopped exporting over uncertainty surrounding future trade rules and border taxes. Academics Meredith Crowley, Oliver Exton and Lu
The UK’s global exports reached a record £616bn last year with both goods and services seeing marked growth. Exports to non-EU countries in 2017 were valued a £342bn, 55% of total export value, with £274bn in EU exports. Good exports soared 13% to £339bn over the year, whilst services increased 7% to £277bn. Interestingly, key
Dragons’ Den presenter and economist Evan Davis says nobody really knows what direction business after Brexit will go and many are still waiting to see what Brexit actually means. In a radio interview with New Zealand-based NewstalkZB, Davis spoke extensively on Britain’s business uncertainty post-Brexit. The famed presenter and host of predominantly startup and SME
The EU and Japan have signed a mammoth free trade deal, creating the world’s biggest economic area, and the biggest trade agreement either has ever committed to. The deal covers a 3rd of the world’s GDP and will act as a timely counterweight to Trump’s tariffs on trade into the US which included 25% tariffs
New research has suggested that British businesses are more optimistic about trading with the EU than last year, despite recent stumbling blocks surrounding Brexit. The survey, conducted annually by OFX, found that 62% of 500 business owners felt confident about doing business outside of the UK, with 46% of SMEs saying Brexit had no effect