Update: The UK’s trade deals with Australia and New Zealand came into effect on 31st May 2023 and are now live. UK exporters are getting ready to enjoy the benefits of the UK’s new trading arrangement with Australia and New Zealand. The first brand new free trade deals sealed by the UK government following Brexit,
Fresh data from Alibaba in partnership with the Institute of Export & International Trade has shone a light on just how powerful exports can be for UK businesses. Their new report entitled ‘The UK Opportunity Report – Global Horizons: helping UK businesses grow through international trade’ quizzed 3,000 UK businesses to uncover just how powerful
Spring is in the air in the Northern Hemisphere and many companies’ thoughts are turning towards expanding into new international markets. One of the key decisions you need to consider is your route-to-market strategy. How are you going to reach the market? How will you carve out a market share? Often the easiest way to
Rishi Sunak’s new Windsor Framework was designed to do a few things. First and foremost was to fix the backstop issue in the original Brexit deal and remove the border down the Irish sea. And second, it was supposed to unlock talks with the Biden administration over a new, lucrative ‘Brexit dividend’-worthy trade deal with
The UK has signed its most significant trade agreement since leaving the EU by joining the Indo-Pacific trading bloc. The deal, which took two years of negotiations to strike, will unlock access to a region worth £11 trillion a year. UK firms will now have increased access to markets including Canada, Mexico, Australia, Japan, Vietnam,
Anyone trading with or from Northern Ireland since Brexit will be aware of the increased difficulties and effective border down the Irish Sea. It’s an issue which has been a constant bone of contention, especially with Northern Ireland politicians, leading to the collapse of the Stormont Assembly after the DUP withdrew. Rishi Sunak, the UK
New data from the Office for National Statistics has found UK service exports have grown to their highest-ever levels. Sales grew by 20% compared to 2021 – and up 23% against 2018 – to £400 billion last year. The UK sits behind only the US as the biggest services exporter globally with the sector contributing
The global appetite for UK food and drink has continued to grow despite pandemic and post-Brexit pressures. New data from the Food and Drink Federation (FDF) has shown how food and drink exports have now surged past pre-pandemic levels to stand at a record £24.8bn with chocolate and cheese exports proving ever-popular. Over half of
UK Prime Minister Rishi Sunak and President of the European Commission Ursula von der Leyen displayed what has become an increasingly uncommon showing of UK/EU cooperation and agreement late last month with the announcement of the breakthrough Windsor Framework. The new deal for Northern Ireland fixes many of the problems that the previous protocol had
The Trade and Co-operation Agreement (TCA) between the UK and EU in the wake of Brexit is delivering more headaches than benefits for the majority of exporting SMEs. That’s according to data collected in December last year by the British Chambers of Commerce from almost 1,200 surveyed businesses. The survey found that almost eight in