Learn the latest exporting news and expert advice from our team of consultants. From advice on starting trading on the international stage to how to identify profitable markets, as well as the key exporting news you need to know about, we’ll be posting the content you need to read right here.
The government has agreed to temporarily guarantee trade credit insurance to support businesses struggling to get cover during the pandemic. The guarantee will help both domestic and exporting companies within the supply chain. With almost all sectors being financially impacted due to coronavirus, some firms have seen the number of payment defaults increase, making it
The UK government has confirmed plans to enhance border checks at ports in Northern Ireland and intends to release detail with the executive outlining ‘physical posts at ports of entry’ as soon as possible. Whilst the rest of the UK will stop following EU rules on agricultural and manufactured goods at the end of this
As UK-US talks on a free trade deal officially get underway, there’s hope in the SME community that an opportunity arises which will help mitigate some of the damage caused by Covid-19. Almost 200 negotiators will be locked in detailed discussions, via video call, every six weeks in a deal that could see UK-US trade,
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
The government has confirmed plans to implement import controls on goods entering the UK from the European Union once the transition period comes to an end on 31st December. After departing the EU’s customs union and single market, all UK exports and imports will be treated equally according to the Chancellor of the Duchy of
Businesses are being urged to apply for large grants to help complete customs declarations. Offered by HMRC, there are three grants available designed to help the recruitment, IT and technical requirements that companies will face when completing customs declarations and processes. There is also funding available for customs intermediaries for the hiring of new staff
The Department for International Trade has this month launched two new digital tools to support businesses exporting goods in and out of the UK. The tools, available on the gov.uk website, explain product and country-specific details regarding tariffs and regulations. Pooling this information into one online location is designed to make it easier for businesses
Whilst for large and enterprise organisations, Brexit has dominated the list of top headaches for over three years, for small businesses, other challenges are deemed far more pressing. That’s according to a new report from Clearwater International, titled Growth Europe, which surveyed some 2,100 small and medium-sized businesses across Western Europe. Of those firms questioned,
Two years ago, the United Nations warned that the planet had just 12 years to limit climate change catastrophe. Now, as 2020 gets into full swing, the latest UN report suggests little progress has been made. In fact, it’s getting worse. A study by the Climate Accountability Institute highlighted the effect that some businesses are
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The government has agreed to temporarily guarantee trade credit insurance to support businesses struggling to get cover during the pandemic. The guarantee will help both domestic and exporting companies within the supply chain. With almost all sectors being financially impacted due to coronavirus, some firms have seen the number of payment defaults increase, making it
The UK government has confirmed plans to enhance border checks at ports in Northern Ireland and intends to release detail with the executive outlining ‘physical posts at ports of entry’ as soon as possible. Whilst the rest of the UK will stop following EU rules on agricultural and manufactured goods at the end of this
As UK-US talks on a free trade deal officially get underway, there’s hope in the SME community that an opportunity arises which will help mitigate some of the damage caused by Covid-19. Almost 200 negotiators will be locked in detailed discussions, via video call, every six weeks in a deal that could see UK-US trade,
Opening a world of opportunities for businesses with ambitions to export.
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