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David Davis backstop
Brexit

Businesses react to the week in Brexit

They say there’s never a dull week in politics, but it’ll take one heck of a week to top the one we’ve had so far. Within the last seven days, we’ve had the Chequers agreement, an agreed-upon way forward within the Cabinet. But just days later and we’re listening to a new Brexit secretary and

export
Brexit

Export partnerships growing fastest with China & Switzerland for UK firms

A new study has found that Britain’s fastest-growing export partners are Switzerland and China. The research, commissioned by Wyelands Bank, found that countries in the Asian Pacific dominate the growth charts with Switzerland topping the chart. Overall, China leads in terms of projected growth with an additional $886m in trade expected on-top of $24.6bn last

british food
Brexit

Strong appetite for British food and drinks overseas

It seems to be one of the longest running international jokes – Britain has bad food. That thinking may be true with tourists, but for international businesses, demand for British food and beverages is stronger than ever. In fact, global appetite for British food and drink has continued to strengthen by over 10% in under

SMEs wary of exporting due to limited capacity & capability
Export Markets

SMEs wary of exporting due to limited capacity & capability

A new report from the Department for International Trade has found that a large portion of British small and medium-sized businesses aren’t open to exporting their products due to a lack of confidence in their own capacity and capability. The research, which quizzed firms with annual turnovers of over £500,000, found that smaller businesses are

Russia tourism
Export Markets

Russia: the emerging market opportunity for luxury travel providers

The World Cup in Russia has officially begun with the host nation kicking-off in style with a 5-star and five-goal performance. All the talk in the run-up to the World Cup has been about how prepared the nation is to host such a tournament and, most importantly, the safety of those travelling into the country

David Davis backstop
Brexit

End date published for ‘backstop’ EU trade plan post-Brexit

(Photo: Robert Sharp / English PEN) An end date for a proposed ‘backstop’ plan for trade with the EU following Brexit has been published following a day of political turmoil at Number 10 after crunch meetings between David Davis and Theresa May. The backstop plan puts in place a proposal for a temporary customs arrangement

Trump tariffs
Brexit

Trump tariffs signal start of trade war

US tariffs on imported steel and aluminium have come into force, affecting EU, Canadian and Mexican markets. The tariffs, which were originally announced in March this year but delayed in implementation for some US allies, officially came into effect from 1st June with US commerce secretary Wilbur Ross confirming a 25% tariff on steel and

japan exports
Export Markets

Japan exports rise for 17th-straight month

Increasing global demand has seen Japan’s exports rise for what is expected to be the 17th month running to April this year. With final performance to be confirmed, initial data suggests that exports grew over 8% last month compared to April 2017 and a 2% increase compared to March. Trade surplus, as a result, reached

Israel dairy exports
Export Markets

Israel dairy market grows following heightened demand

Exports of dairy products from Israel have enjoyed strong growth over the last five quarters thanks to increasing demand from Europe and North America. An analysis released by the Israel Export Institute’s Economy Department highlighted that the nation’s export of dairy products grew by 2% in 2017 compared to the year before with exports worth

customs union
Brexit

British Business Beyond the Customs Union

Earlier this month we wrote about a statement from the Public Accounts Committee which noted its ‘grave concern’ about the lack of Brexit-readiness The Department for Business, Energy and Industry Strategy (BEIS) appears to showcase in the run-up to leaving the EU. Their statement went as far as to suggest that the BEIS was apparently