Exporting News

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. 

Scottish food & drink exports rise to record £1.4 billion

International sales of Scottish food and drink have surged to a record-breaking £1.4 billion in Q1 2019.  A healthy increase of 14% since last year, latest figures highlight strong demand in particular for Scottish salmon and, of course, whisky, which accounted for three-quarters of all export sales last year.  On the latest figures, Food Minister

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brexit delay prepare business

Brexit delayed again, but your preparations must go on

By Mike Wilson In my last article writing for Cheshire Media Magazine, I speculated that there could be a delay to Brexit beyond the March 29th planned exit, yet questioned whether giving the politicians more time to argue would make any real difference? Unfortunately, it turns out I was right and we sit here today,

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Asian markets the fastest growing for UK exporters

Asian markets the fastest growing for UK exporters

Data from the ONS has revealed that the 5 fastest growing export markets for UK businesses are in Asia. Figures released last month highlighted 40.8% growth in Taiwan, followed by 19.3% export growth in India. Other emerging markets seeing significantly higher growth than the average of 2.7% for UK firms include Nigeria (up 18.3%), Thailand

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sme brexit

Majority of small businesses feel unsupported as Brexit beckons

Over three-quarters of small businesses in the UK feel unsupported ahead of Brexit, according to a new report. A survey carried out by Simply Business uncovered that 76% of the 1,200 small business owners they asked feel like they lack the support they need in the run-up to the UK leaving the European Union, whilst

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customs training fund

Government extends £8m customs training application deadline

HMRC has extended the deadline of its customs training fund until 31st May 2019 to help businesses prepare for Brexit. The £8m fund, which was announced in October last year, is designed to help businesses prepare for a no-deal scenario and includes funding to train intermediaries and traders completing customs declarations, IT improvement funding and

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UK economy has missed out on £550m a week since EU referendum

UK economy has missed out on £550m a week since EU referendum

A new report has suggested that Brexit has cost the UK economy £550m in lost growth since the referendum in June 2016 – £66bn worse off in just three years. That’s according to Standard & Poor’s Brexit report, which noted the fall in the value of sterling as one of the primary factors affecting potential

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Less than Lush Brexit outlook for cosmetics giant

The head of bathbomb and scented soap retailer Lush has given an insight into the potential damage a no-deal Brexit could cause to his business. Mark Constantine has lambasted the government’s approach to negotiations and its attitude towards businesses as the firm’s financials took a swung from a £23m profit to £4m operating loss last

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Germany increasingly concerned by lack of SME Brexit readiness

Germany increasingly concerned by lack of SME Brexit readiness

Small businesses in Germany are being warned that too many are unprepared for Brexit and the potential disruption the UK leaving the EU will cause native firms. The warning primarily centres on financial services and access to financial products. Banks on the continent have been shifting market-related activities for some of their EU clients, such

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Fishermen urged to avoid no-deal exports catch

Fishing industry urged to avoid no-deal exports catch

UK fish exporters are being urged to sign-up to a new digital catch certificate service to ensure they’re able to continue selling to the EU in the event of a no-deal Brexit. Advice published by the Department for Environment, Food & Rural Affairs this month said that businesses should take action now to avoid issues

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UK export growth

Strong annual export growth for UK businesses

The number of UK firms exporting, and the value of exports, has increased once more year-on-year according to the latest DiT data. Figures from HMRC showed 110,800 VAT-registered businesses exporting last year, whilst the exports of goods across all four UK regions also increased. Scotland led the export growth charts with a 5.6% rise in

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71% of UK manufacturers have an export-based growth strategy

Over 70% of UK manufacturers have an export-based growth strategy for their business. That’s according to the latest Annual Manufacturing Report data from The Manufacturer, whereby 71% of manufacturers are actively seeking new markets to penatrate. The news is positive and highlights the resilience and optimism of exporting manufacturers in the UK in the approaching

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Three quarters UK manufacturers report Brexit is damaging business planning and prospects

Almost three-quarters of UK manufacturers have reported that Brexit is causing damage to long-term strategic planning and future business prospects. That’s the Brexit headline from the latest Annual Manufacturing Report produced by The Manufacturer in which 71% said Brexit uncertainty is damaging strategic planning and business prospects. Commenting in the report, Director at Cumbric Ltd

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UK firms up trading relationship with Chile

UK firms up trading relationship with Chile

The UK has looked to sure-up its trading relationship with Chile after the signing of a new trade continuity agreement. Signed by Jamie Bowden, Ambassador to Chile an the Chilean Foreign Minister Roberto Ampuero on 30th January, the deal will see companies and consumers cotinue to benefit from preferental trading arrangements after Brexit. Trade in

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UK businesses not prepared for Brexit

Nearly half of UK firms not prepared for chaotic Brexit

Almost half of UK companies feel they are unprepared for a chaotic exit from the EU according to the Bank of England’s quarterly inflation report. The report, which quizzed 200 businesses about their Brexit preparations and readiness, found that half had begun planning for no deal and no transition, but half said they felt unprepared

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